By the Business Facilities Staff
From the January/February 2021 Issue
As we unveil our annual list of editor’s picks of top utilities, the U.S. Energy Information Agency (EIA) has forecast total U.S. electricity consumption, including direct use of electricity by combined-heat-and-power plants, will increase by 1.5 percent in 2021 and by 1.7 percent in 2022.
Electricity consumption in the commercial sector during 2020 was down by an estimated 6.0 percent from 2019 as a result of the economic contraction (and an increase in working from home) related to COVID-19. EIA expects commercial activity to increase in 2021, with non-farm employment rising by 2.8 percent. However, some of the changes in working patterns may continue in the long term, reducing the need for electricity use at offices. EIA forecasts commercial sector retail electricity sales will grow by 0.9 percent in 2021 and by 1.8 percent in 2022.
Our top power players are all preparing for a robust recovery in 2021. Keep reading and they’ll tell you how they’re getting ready for the better times to come.