The Colorado company is electrifying homes to keep energy use – and costs – as low as possible
Spotted: As part of the move to net zero, many countries are beginning to phase out the use of gas in homes and commercial buildings. In the US, the Inflation Reduction Act includes around $9 billion (approximately €8.5 billion) set aside for home energy rebates to help residents make their homes more energy efficient.
These legislative moves, combined with much higher prices now being paid for energy – and especially for fossil fuels — has led many people to begin thinking about replacing fossil fuels in their home with electricity, which can come from green sources. Colorado-based Elephant Energy is one company that is helping consumers renovate their homes to run on electricity, instead of natural gas and other fossil fuels.Read more: A startup helping to electrify our homes