Electricity Sales are Dipping?

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The U.S. Energy Information Administration’s ( www.eia.gov ) new “Today in Energy” brief looks at what’s behind the decline in U.S. electricity sales during 2015, the first annual decrease in three years.

“Total electricity sales in 2015 fell 1.1% from the previous year, marking the fifth time in the past eight years that electricity sales have fallen. The flattening of total electricity sales reflects declining sales in the industrial sector and little or no growth in sales to the residential and commercial building sectors, despite growth in the number of households and growth in commercial building space. Declining rates of electricity demand growth reflect a combination of factors, including the market saturation and increasing efficiency of electricity-using equipment, a slowing rate of economic growth, and the changing composition of the economy, which has reduced the role of electricity-intensive manufacturing.”---EIA

graph of annual changes in total electricity retail sales, as explained in the article text

Source: U.S. Energy Information Administration, Electric Power Monthly

The “Today in Energy” brief was posted Monday on EIA’s website at: http://www.eia.gov/todayinenergy/detail.cfm?id=25352.

 

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