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The true benefit to electric is the vast ways we can create it.. and many of them are highly renewable or natural forms of energy. Such as Water, Wind, Thermal heat and solar. So if you have the funds/or equipment you can literally eliminate your fuel costs all together using any of these available resources and generate your own power. That is the main idea and benefit of using Electricity. Granted fossil fuels are used to generate electricity as well there are just alternatives to fossil fuels.

PS: Boonsri, Image 5 caption says power coating... I hope it should say "powder" coating.