APCA Research - Market Penetration Study

October 2025 APCA MARKET PENETRATION RESEARCH www.ContinuumCapital.net 59 Market Size Driver: Policy – Energy Choice Legislation Status Source: “DiChrstopher, Tom and Duquiatan, Anna, “States That Outlaw Gas Bans Account for 31% of US Residential / Commercial Gas Use”, S&P Global Market Intelligence, June 9, 2022. 21 states have passed legislation enforcing energy choice: 30% of US annual consumption. – Nebraska passed legislation in ’24. 7 states have introduced but not yet passed similar energy choice legislation (excluding Nebraska). 4 states have passed legislation restricting gas use: 24% of US annual consumption. 3 states have introduced but not yet passed similar restrictions: 4% of US annual consumption. Local gas bans and/ or state electrification codes in new buildings Adopted Proposed Fuel Choice States Enacted Proposed DC

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