News

Rising current: America’s growing electricity demand

September 17, 2025/

Our analysis shows that U.S. electricity demand is expected to grow by 25% by 2030 and by 78% by 2050, compared to 2023. All of this demand growth has significant implications for the reliability and affordability of electricity. For residential customers, electricity rates could increase by 15% to 40% by 2030, depending on the market. By 2050, some rates might even double.


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