Has U.S. Electricity Lost Its Spark?

Oilprice.com ^ | 03-04-2020 | Leonard

[The_Media_never_lie]

Don’t laugh. I attended electoral college to earn my electioneering degree.

[dragnet2]

Looks like you qualify for the super cheapskate club!I love being frugal. Glad to see others doing the same.

[Hootowl99]

Ha!

I started to guess re. the reason for electricity usage decrease but decided to read the article first. Turned out my guess was accurate but also picked up some factors I had not considered.

The prime drivers for the were increased efficiencies in consumer products (thank you Energy Star!) and computer farms. In both of these areas, as legacy products age out they are being replaced with much higher efficiency products and first time installations are pretty much 100% high efficiency products.

[TangoLimaSierra]

Our new electric furnace and water heater draw about the same number of watts as old. Why would that change?

The only difference could be insulation.

[Wonder Warthog]

"If electricity use drops...nationwide and on a long term basis...it’s obvious that power companies will raise the price of power (on a kWh basis) to maintain peak demand capabilities."

They can't.....regulated utilities can only raise rates after getting state approval.