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Based on the 2016 Bloomberg New Energy Finance report, American households used less than 4% of their annual household spending on energy (which includes electricity, transport, and heating). According to experts, these averages represent record lows in the United States.
Further, they attribute the falling energy expenditure to some factors including the growing popularity of sustainable energy in the nation, the improvement of the nation’s energy productivity as well as a decrease in the average price of electricity in the nation.
In addition to that, many energy experts agree that sustainable energy technologies have also contributed actively and immensely to the decrease in energy expenditure in American households.… Read More