Mobile Menu

Business Environment Profiles - United States

Electric power consumption

Published: 25 July 2025

Key Metrics

Electric power consumption

Total (2025)

4179 Billion kilowatt hours

Annualized Growth 2020-25

1.6 %

Definition of Electric power consumption

Electric power consumption represents the total amount of electricity consumed in the United States. The data, measured in kilowatt-hours (kWh), is sourced from the US Energy Information Administration.

Analyze the wider world in which businesses operate

We measure the upstream and downstream ramifications on thousands of industries so businesses can monitor their external operating environment. Explore membership options today.

Purchase options

Included in an IBISWorld Membership

Our industry reports include 35+ pages of data, analysis and charts, including:

  • Industry Financial Ratios
    Industry Financial Ratios
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions

Recent Trends – Electric power consumption

In 2025, electric power consumption is estimated to reach 4,179.1 billion kilowatt hours, a 2.4% increase from the previous year. This growth reflects resumed electricity demand from households, manufacturers, and industrial producers, as economic activity recovers following the 2020 COVID-19 disruptions. Moderate economic growth, a stable industrial sector, and steady household formation are key drivers of electricity use in 2025.

From 2020 to 2025, electric power consumption grew at an annualized rate of 1.6%. The period began with a 2.5% contraction in 2020 due to stay-at-home orders and business closures. Recovery in 2021 and 2022 saw increases of 2.3% and 3.1%, as business operations resumed and industrial output rebounded. A 1.4% decrease in 2023 followed adjustments after the rapid rebound and increased energy efficiency. Growth resumed in 2024, with consumption rising by 1.8% and continuing into 2025. Gains have been tempered by the adoption of energy-efficient technologies, appliances, and intermittent electricity price hikes, prompting careful usage management.

Trends influencing electric power consumption include more efficiency-focused consumer behavior and shifts in industrial structure, with manufacturing operations optimizing processes to reduce energy intensity. The integration of smart grid management and digital controls has emphasized managing energy use. These trends have moderated electricity consumption growth despite economic recovery and industrial demand gains.

Overall, from 2020 to 2025, electric power consumption reflects contraction, recovery, and moderate growth. The sector has been shaped by pandemic consequences, improvements in energy efficiency, price fluctuations, and industrial activity changes, resulting in a steady but modest rise in total electricity consumed.

Show more

5-Year Outlook – Electric power consumption

In 2026, electric power consumption is expected to grow by 1.4%, reaching 4,239.2 billion kilowat...

Looking for IBISWorld Industry Reports?

Gain strategic insight and analysis on thousands of industries.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal