Sentences with phrase «one's income on energy»

On average, 60 million American households with annual incomes below $ 50,000 spend 21 percent of their after - tax income on energy - related costs.
It is a recipe for healthy prosperity that will save Marylanders between $ 1.3 billion and $ 7.3 billion a year (2011 dollars) in energy costs in 2050, even after making provisions for (i) assistance for low income households to pay no more than 6 percent of income on energy bills, (ii) proactive investments in communities now dependent on fossil - fuel - related jobs, and (iii) new job creation in underserved areas.
Americans living on fixed incomes, at or near the poverty level, pay a far greater percentage of their monthly income on energy bills.
Americans are spending an ever growing amount of their disposable income on energy.
When you consider that, on average, low - income households spend nearly 14 % of their total annual income on energy compared to the average household, which spends only 3.5 %, the impact of technology we are celebrating today is very clear.»
Likewise, the disinflationary tailwind of lower oil and gas prices should provide a much greater disposable income boost to lower income households than higher income groups, as the former generally spend a larger share of income on energy.
These programs are particularly beneficial to low - income households, which spend a higher percentage of their income on energy bills.
However, a crucial fact is that only 18 % of households in receipt of the Winter Fuel Payment are classified as «fuel poor» - i.e. spending more than 10 % of their income on energy and therefore most likely to struggling to heat their homes.
«The poorest people, who can only afford kerosene for lighting their homes and charcoal for cooking, spend 30 percent of their income on energy,» Bergman observes.
Regressive Poorer people pay a much larger share of their incomes on energy than better - off people.
And to ensure revenues raised from such a tax are indeed directed to investment, and to assist those on lower incomes who spend a higher proportion of their income on energy, a carbon tax should be offset by tax reductions in other areas to become revenue neutral for government.
These programs are particularly beneficial to low - income households, which spend a higher percentage of their income on energy bills.
Millions of poorer households across Europe currently spend far too much of their income on energy, mostly for heating and transport.
This is what will help to offset the impact to the lower - income households who like you say do in fact pay a higher percentage of their income on energy costs.
Because they pay a larger portion of their incomes on energy and food, elderly, minority and poor families are especially vulnerable and will suffer greatly.
If this causes fuel poverty (more than 10 % of income on energy) then brits only make # 10000 / yr household income.
This will cause power rates to spiral up, primarily harming poor and middle - class residents who spend a larger share of their income on energy.
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