Total U.S. electricity sales in 2015 fell 1.1 percent from the previous year, representing the fifth time sales have fallen in the past eight years, according to a report published by the U.S. Energy Information Administration (EIA).
The slump reflects declining electricity sales in the industrial sector and little growth in sales to the residential and commercial building sectors, despite growth in the total number of households and commercial buildings. The report also cites market saturation, increased-efficiency electrical equipment, slowing economic growth and the changing composition of the economy as drivers in the current down trend.
Recent Comments