There are ways to do what you describe, but the challenge is all in economics. It is possible to burn natural gas as it comes from the ground, without any complex factories or much technology. In order to reform it to H2 and other alkanes, it would require an expensive plant, likely some precious metals and strong acids, and then you have to purify, store and sell the multiple products to different groups. That all costs a lot of money, but the laws of thermodynamics show that you will get less energy out of the final products than went in, so you have to make products that have a high value. With coal, natural gas, and oil being cheap, there is almost no one willing to invest billions in building facilities to reform one fuel into another, when it is already plentiful.
I have seen companies spend billions on projects like that, biofuels, nuclear power, coal liquification, MTBE, and a host of other technologies in the last few years, but only a few have survived and every made any money, mostly the ones that either got government money, tax breaks, or some requirement that they have to be used. So unless you have a few billion dollars to spend, or a lobbyist working for you, I doubt that this type of plant will happen in a large scale. It might one day make sense to just cleave water into oxygen and hydrogen on a larger scale, but that does not compare favorably to just using the same source of power directly, such as solar thermal or PV systems, which don't require hydrogen storage or transport.
The simpler the system, often, the more efficient and less expensive. The best way to "do things better" to me is to just not waste as much power as we tend to in the first place. No source of power is as cheap and efficient as not using as much in the first place. Use LED lights, higher efficiency devices, and insulate your house, and we can cut power use in the US by 50% easily. I have seen it done, but so few are willing to spend the little up front money to do it, even though most efficiency projects pay off within a few years.