Commercial Electricity Use Will Surpass Residential In 2027, As Price Surge Set To Continue: EIA
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The U.S. Energy Information Administration (EIA) predicts that commercial electricity consumption will surpass residential use for the first time in 2027, driven by a 5.3% growth in the commercial sector. Residential electricity prices are expected to rise, averaging 18.2 cents/kWh in 2026, with increases of up to 7% in some regions. Total U.S. electricity consumption is projected to reach nearly 4,250 billion kWh in 2026, with continued growth in both commercial and industrial sectors.
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