US Short-Term Energy Outlook: Report
US electricity demand in the forecast rises 1.3% in 2026, averaging almost 4,250 billion kilowatthours and growing another 3.1% in 2027. Electricity demand growth is led by growth in the commercial sector, which is expected to outpace residential demand in 2027 for the first time on record. Industrial demand is also increasing, although at a slower pace. Residential electricity prices are expected to increase by 5% in 2026 and to continue to rise in 2027, although at a slower pace. The forecast for utility-scale solar generation in 2026 is 1.4% higher than in the previous outlook
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