As electricity demand continues to drop, utilities are being forced to adapt

Despite population growth, electricity consumption in the US has been on the decline since 2007. There are a number of reasons for the decline, including more efficient heating and air condition systems, the switch to more efficient lights such as LEDs, and the offshoring of power-intensive industries. With demand for electricity expected to continue its plunge, how will utility companies survive in the future?

Solution News Source

As electricity demand continues to drop, utilities are being forced to adapt

Despite population growth, electricity consumption in the US has been on the decline since 2007. There are a number of reasons for the decline, including more efficient heating and air condition systems, the switch to more efficient lights such as LEDs, and the offshoring of power-intensive industries. With demand for electricity expected to continue its plunge, how will utility companies survive in the future?

Solution News Source

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