Gitnux/Report 2026

Electric Power Industry Statistics

U.S. electricity retail sales totaled 3,944 billion kWh in 2022, with residential households using 38% of it while data centers and EVs remain small but growing. The page also ties demand, prices, and grid realities together, from a 763 GW summer peak and $12.41 per kWh retail rates to 7.3 million miles of distribution lines, showing exactly what it takes to keep power flowing as investment and renewables reshape the system.
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November 11, 2026Updated
Electric Power Industry Statistics
Isabelle MoreauWritten by Isabelle Moreau·Edited by Marcus Engström·Fact-checked by Rebecca Hargrove
Published ·Updated
How this report is researched
01Editorial Scope

An editor sets the topic, the inclusion criteria, and the evaluation framework before research starts.

02Source Research

AI search agents locate sources and extract each figure together with the document it came from.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The electric power industry at a glance

The electric power industry is expanding as global demand accelerates, with low-emissions sources reaching 43% of electricity generation in 2025 while data centers, electrification and renewables reshape investment.

$553.2B[42]
U.S. electricity revenue, 2025
3.6%[3]
Global demand CAGR, 2026–2030
43%[3]
Global low-emissions share, 2025
1.28TW[42]
U.S. utility-scale capacity, 2025
Market size
U.S. electricity providers generated $553.2 billion in revenue from sales to ultimate customers in 2025, up from $514.4 billion in 2024. The residential sector accounted for $261.8 billion, commercial customers for $200.9 billion and industrial customers for $89.4 billion.[42]
Forecast & CAGR
Global electricity demand is forecast to rise at an average annual rate of 3.6% from 2026 through 2030, supported by industry, electric vehicles, air conditioning and data centers. Renewable generation is expected to grow by about 8% annually through 2030, while renewables and nuclear together are forecast to supply about half of global generation by 2030.[3]
Market share & regions
In 2025, renewables supplied 36% of electricity generation in advanced economies, compared with 32% across emerging market and developing economies. The European Union reached a 30% combined share for wind and solar, while coal remained dominant in China at 55% and India at 71%.[3]
Segmentation
The industry is segmented by generation source, grid activity and customer type. In the United States, 2025 utility-scale capacity consisted of natural gas at 40.0%, renewables at 31.5%, coal at 13.3% and nuclear at 7.7%; U.S. retail electricity revenue was divided among residential, commercial, industrial and transportation customers.[42]
Pricing
The average U.S. retail electricity price was 13.56 cents per kilowatthour in 2025, including 17.23 cents for residential customers, 13.37 cents for commercial customers and 8.51 cents for industrial customers. Statewide all-sector averages ranged from 35.65 cents per kilowatthour in Hawaii to 8.20 cents in North Dakota in 2025.[42]
Trends, drivers & challenges
Global electricity demand grew 3% in 2025, while generation from renewables and nuclear expanded faster than total demand and fossil-fuel generation declined slightly. Data centers, electric vehicles, cooling and industrial electrification are major demand drivers, while grid congestion, insufficient transmission and storage, weather variability and affordability remain constraints.[3][22]
Consumer behavior & competition
U.S. residential customers paid an average of 17.23 cents per kilowatthour in 2025, compared with 8.51 cents for industrial customers, reflecting differences in delivery costs and voltage requirements. Competition varies by state because some jurisdictions allow retail marketers to compete with utilities and offer market-based prices.[42]
M&A
Power and utilities M&A reached a record $205 billion in announced transaction value across 92 deals in the first half of 2026. NextEra Energy’s proposed $124 billion merger with Dominion Energy and the $48 billion AES take-private transaction accounted for most of the value.[23]
Regulation
In June 2026, the Federal Energy Regulatory Commission unanimously directed six regional grid operators to help large energy users, including AI data centers, connect to transmission systems in a timely and orderly manner. The action preserved state authority over retail rates and connection terms while addressing grid bottlenecks and cost allocation.[22]
Latest news
The latest industry developments include COP31 discussions focused on expanding electrification and a continuing policy push to connect large AI data centers to the grid more quickly. In November 2026, NextEra and Dominion also proposed expanded Virginia customer benefits, including a $10 monthly residential bill credit for four years and 600 new jobs, as part of their merger discussions.[22]

02 Ranking

Top 10 Companies in the Electric Power Industry

The leading companies in the electric power industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 11, 2026 · Next review December 11, 2026

Verdict

GE Vernova and NextEra Energy are tied at the top of Gitnux's 2026 electric power ranking with an Overall score of 9.3 each.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in power Equipment Manufacturing

    GE Vernova

    US

    Ranked #1 · 9.3 · Power Equipment Manufacturing

    Why we picked it: Its segment combines generation, electrification and wind equipment, with 2025 revenue of $38.1 billion.

    See in ranking ↓Visit gevernova.com ↗

  2. Leader in power Generation Utilities

    NextEra Energy

    US

    Ranked #2 · 9.3 · Power Generation Utilities

    Why we picked it: Its electric-utility and renewable generation segment is supported by $27.4 billion 2025 operating revenue.

    See in ranking ↓Visit nexteraenergy.com ↗

  3. #3 overall

    EDF

    FR

    Ranked #3 · 9.2 · Power Generation Utilities

    Why we picked it: Its integrated utility output is reflected in 515.5 TWh generated in 2025.

    See in ranking ↓Visit edf.fr ↗

Pick 1 is the #1 company overall. Pick 2 is the highest-ranked company in the top 5 that adds a new segment; no further segment places in the top 5, so pick 3 follows rank.

Full ranking

Sort by
Top 10 companies in the electric power industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

GE Vernova

Power Equipment Manufacturing · US

9.3
2

NextEra Energy

Power Generation Utilities · US

9.3
3

EDF

Power Generation Utilities · FR

9.2
4

Constellation Energy

Power Generation Utilities · US

9.0
5

Schneider Electric

Power Equipment Manufacturing · FR

9.0
6

ABB

Electrical distribution and grid equipment · CH

9.0
7

Siemens Energy

Power generation, transmission and grid technology · DE

9.0
8

Iberdrola

Renewable generation, grids and electricity supply · ES

8.6
9

NTPC

Thermal and renewable electricity generation, India · IN

8.3
10

E.ON

Electricity distribution networks and energy infrastructure · DE

8.2

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
  • Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
  • Momentum (20%): growth trajectory and future potential.
  • Innovation (15%): R&D intensity and how technologically advanced the company is.

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 11, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Isabelle Moreau. (2026, February 13). Top 10 companies in the electric power industry. In Electric Power Industry Statistics. Gitnux. https://gitnux.org/electric-power-industry-statistics/#top-companies

report visual · Projection

U.S. utility-scale wind electricity generation

U.S. utility-scale wind electricity generation grew from 337,938 thousand megawatthours in 2020 to 461,577 thousand megawatthours in 2025.

337.9K
Start
+6.43%
CAGR · 5y
461.5K
Projected
20202025
source-verifiedeia.gov2025

04 Statistics

Technology & Innovation

This section shows how AI, analytics, metering data, and automation move from pilots to planned deployments. It also quantifies enterprise integration targets (28% of planned data investments) and advanced-metering-infrastructure usage (86% in 2026).

AI in the electric power industry

  • 31% of utility respondents believed that most or several business processes would change substantially or be replaced by AI.[1]
  • 42% of utility respondents planned targeted artificial-intelligence deployments by 2027, according to a 2025 survey of utilities.[2]
  • 95% of utilities and energy companies had discussed generative AI during the previous year in 2023.[2]
  • 64% of utility survey respondents expected AI to improve operational efficiency by 10% to 30% over the following five years.[1]
  • 33% of utility and energy companies worldwide had begun piloting generative AI in operations in 2023.[2]

Automation in the electric power industry

  • 25 network operators—11 transmission operators and 14 distribution operators—participated in the IEA’s 2026 survey of monitoring, control and grid automation.[3]
  • 92 utilities across 36 countries were assessed in the 2024 Smart Grid Index, which includes automation and monitoring among its grid-smartness dimensions.[3]
  • 28% of electric utilities’ planned data investments over the next three years targeted enterprise integration, supporting automated utility workflows.[4]
  • 20% of electric utilities’ planned data investments over the next three years were directed toward workflow automation in Itron’s 2026 survey.[4]

Digital Transformation in the utilities and renewable energy sector (sector benchmark)

  • 73% of power and utilities companies said their organizational culture impeded digital-technology adoption in a global survey conducted in late 2024.[5]
  • 100% of utilities globally had initiated digital transformation, while 20% had completed it, according to a global survey conducted in 2024.[6]
  • 84% of energy and utilities organizations were investing in digital modernization in 2026, while 20% had begun reorganizing engineering operations.[7]
  • 92% of energy companies planned digital technology investments, while 27% were retraining and reskilling existing employees, according to a 2024 survey.[5]

Technology Adoption in the utilities and renewable energy sector (sector benchmark)

  • 78% of power and utilities organizations were using advanced analytics in 2024, according to EY’s global Future of Energy Survey.[5]
  • 73% of power and utilities organizations were using artificial intelligence, generative AI or machine learning in 2024, based on a global industry survey.[5]
  • 62% of power and utilities organizations were using robotic process automation in 2024, according to a global survey of industry executives and employees.[5]
  • 79% of power and utilities organizations were using cyber-threat monitoring and intelligence platforms covering IT and operational technology in 2024.[5]

Cloud Computing in the utilities and renewable energy sector (sector benchmark)

  • 41% of energy companies allowed any department head or IT manager to deploy new cloud infrastructure, software or applications in an Infosys study.[8]
  • 79% of power and utilities organizations were using cloud computing in 2024, according to a global EY survey.[5]
  • 63% of power and utilities organizations were using cloud computing while developing improvements or new applications in 2024.[5]
  • 45% of energy companies used only the cloud capacity and functions they had committed to, according to an Infosys industry study published in 2024.[8]
  • 32% of power and utilities organizations using cloud computing planned improvements or new uses during the following five years in 2024.[5]

Big Data in the utilities and renewable energy sector (sector benchmark)

  • 86% of utilities used advanced-metering-infrastructure data enterprise-wide or in specific workflows in 2026, according to a global utility executive survey.[9]
  • 78% of power and utilities organizations were using advanced analytics in 2024, a sector-specific proxy for big-data adoption in EY’s global survey.[5]
  • 25% of utilities reported extensive use of analytics for business intelligence and billing or revenue analysis in a survey of 190 organizations.[10]
  • 41% of utilities said advanced-metering-infrastructure data was fully embedded and scalable across daily workflows in 2026.[9]
  • 20% of electric utilities had already implemented big-data analytics, while 32% were implementing it, in a survey covering 10 countries.[11]

Blockchain in the electric power industry

  • 92 blockchain activities sponsored by the U.S. Department of Energy were identified in a 2025 review, including 56 project grants.[12]
  • 18 blockchain activities were identified in U.S. utility demonstration projects in a 2025 review.[12]

IoT in the utilities and renewable energy sector (sector benchmark)

  • 55% of utilities respondents had a formal IoT strategy in 2024, up from 48% in 2021, according to Viasat’s global sector survey.[13]

05 Statistics

Data & Analytics

This section focuses on digital maturity and data governance gaps, alongside grid automation and monitoring readiness. It highlights smart-grid benchmarking participation (92 utilities across 36 countries) and data-governance status (9% fully traceable in 2020).

Business intelligence in the electric power industry

  • 7 dimensions were assessed in the 2024 Smart Grid Index, including monitoring, analytics, reliability, distributed resources, renewables, cybersecurity and customer services.[3]
  • 25 network operators supplied responses to the IEA’s 2026 survey of digital maturity across transmission and distribution systems worldwide.[3]
  • 45% of global data-center electricity consumption was located in the United States in 2024, making regional load intelligence strategically important for power companies.[3]
  • Nearly half of U.S. data-center capacity was concentrated in five regional clusters in 2024, increasing the value of location-based electricity-demand intelligence.[3]
  • 92 utilities across 36 countries participated in the 2024 Smart Grid Index benchmark, which evaluates operational intelligence and customer-facing grid capabilities.[3]
  • 1.5% of global electricity consumption, or 415 terawatt-hours, was used by data centres in 2024, according to the IEA.[3]

Data analytics in the electric power industry

  • 14 distribution operators were included in the IEA’s 2026 survey examining data gaps and analytics readiness in electricity networks.[3]
  • 92 utilities in 36 countries were evaluated for data-analytics capability in the 2024 Smart Grid Index benchmark.[3]
  • 50% or more of low-voltage substations was the digitalisation level most surveyed distribution operators aimed to reach by 2035, supporting broader analytics coverage.[3]
  • 6-fold growth in artificial-intelligence power-grid patents was recorded over recent years, reflecting rising use of analytics in electricity networks through 2022.[3]
  • 11 transmission operators were included in the IEA’s 2026 survey examining data availability and analytics maturity in electricity networks.[3]
  • 50% growth in software innovations within physical grid patents occurred between 2010 and 2022, globally.[3]

Data Quality in the utilities and renewable energy sector (sector benchmark)

  • Across water utilities, 10% of respondents rated asset condition and performance information as very good in 2026.[14]
  • Across water utilities, 7% of respondents rated asset information in EAM or CMMS as very good in 2026.[14]
  • Across electric utilities surveyed, 77% reported no erosion in data quality over time.[15]
  • Across water utilities, 19% of respondents rated asset characteristics information as very good in 2026.[14]
  • Across water utilities, 8% of respondents rated asset O&M cost information as very good in 2026.[14]
  • Across electric utilities surveyed, 69% reported user confidence in data accuracy, compared with 77% for completeness.[15]

Data Governance in the utilities and renewable energy sector (sector benchmark)

  • Across utilities surveyed, 9% had fully implemented an enterprise-wide data-governance program in 2020.[16]
  • Across power and utility executives surveyed, 57% assessed data-governance maturity as developing or initial in 2021; none reported advanced practices.[5]
  • Across energy and utilities organizations, 65% reported that all or nearly all of their data was governed in 2026.[17]
  • Across utilities surveyed, 50% estimated they were still three to five years away from enterprise-level data governance in 2020.[16]
  • Across utilities surveyed, 56% had some form of inventory covering data sources and data-quality, integration, and analytics tools in 2020.[16]
  • Across utilities surveyed, 6% reported fully traceable data from original source to decision-making or business processes in 2020.[16]

KPIs in the electric power industry

  • 87,071 unique users were recorded for EPB’s MyEPB application in Chattanooga, Tennessee, in 2024.[18]
  • 34% was the increase in average monthly U.S. residential electric-utility costs from 2020 to 2025.[19]
  • 28% of utilities profiled in J.D. Power’s 2026 U.S. Utility Digital Experience Study did not offer a mobile application.[19]
  • $189 was the average monthly U.S. residential electric-utility cost in 2025, according to J.D. Power.[19]
  • 499 points was the 2025 U.S. residential electric-utility customer-satisfaction score on J.D. Power’s 1,000-point scale.[19]
  • 654 points was the average satisfaction score for utility mobile applications in J.D. Power’s 2026 U.S. Utility Digital Experience Study.[19]

06 Statistics

Strategy & Growth

This section centers on transactions and investment volumes tied to generation and grid builds. It lists record U.S. power and utilities M&A in the first half of 2026 ($205 billion across 92 deals).

Growth in the electric power industry

  • U.S. power and utilities announced deal value increased from approximately USD 30 billion in the prior comparable period to USD 141.9 billion.[20]
  • AEP delivered 110,006 million kWh in total electricity sales in 2025.[21]
  • Electricity generation investment reached approximately USD 1 trillion annually by 2026, nearly 70% above its 2015 level.[22]
  • Clean-energy investment is projected at twice the USD 1.1 trillion planned for oil, natural gas and coal in 2025.[3]
  • AEP’s transmission-and-distribution utilities delivered 104,622 million kWh in 2025.[21]
  • U.S. power and utilities transactions announced from November 2024 to November 2025 reached USD 141.9 billion across 35 transactions.[20]

Mergers and acquisitions in the electric power industry

  • 78% of surveyed power-and-utilities executives pursuing transactions identified acquisitions or mergers as their leading transaction interests.[23]
  • USD 142 billion of U.S. power and utilities transactions were announced across 157 deals in 2025.[23]
  • Over 15 GW of natural-gas generation capacity was transacted in the U.S. power sector in 2024.[23]
  • Six large U.S. power-portfolio deals accounted for 41 GW of capacity in 2024.[23]
  • Alphabet’s announced acquisition of Intersect Power was valued at USD 4.75 billion and targeted power-generation development for data centers.[20]
  • Eight U.S. power-portfolio deals of at least 1 GW and more than 10 plants accounted for 113 GW of capacity in 2025.[23]

Strategic partnerships in the electric power industry

  • The proposed NextEra-Dominion combination would bring together about 10 million utility customer accounts across Florida, Virginia, North Carolina and South Carolina.[24]
  • PG&E joined the Sustainable Supply Chain Alliance in 2024 to collaborate with utilities and suppliers on sustainability practices.[25]
  • 26 utilities participated in the supplier sustainability assessment in which PG&E ranked first in 2024.[25]
  • Constellation’s planned Calpine combination was expected to create a retail electricity supplier serving 2.5 million customers.[22]
  • 80% of U.S. electric-utility customers were served by utilities with a 100% carbon-reduction target in 2024, creating a broad platform for utility climate partnerships.[19]
  • The proposed NextEra-Dominion combination would control approximately 110 GW of generation capacity across multiple technologies.[24]

07 Statistics

People & Workforce

This section quantifies employment levels and work-design patterns, including remote-work shares. It also flags experience depth, where more than half of the workforce had fewer than 10 years of experience.

Hiring in the electric power industry

  • U.S. electric power generation employers anticipated 4.3% employment growth in the utilities industry from 2024 to 2025.[26]
  • 933,800 workers were employed in U.S. electric power generation in 2024.[26]
  • Consolidated Edison hired more than 1,600 employees in 2024, its largest annual hiring total since 1973.[23]
  • 52,515 net jobs were added in U.S. traditional transmission, distribution and storage in 2023.[26]
  • U.S. solar electric power generation employers anticipated 10.7% employment growth in construction from 2024 to 2025.[26]

Employee retention in the electric power industry

  • 6.9% was the 2022 non-retirement attrition rate in electric transmission and distribution.[27]
  • 5.8% was the 2022 non-retirement attrition rate in nuclear generation.[27]
  • 41% of employees leaving surveyed companies for non-retirement reasons in 2016 had fewer than five years of service.[27]
  • 7.2% was the non-retirement attrition rate across surveyed energy companies in 2022.[27]
  • 4.0% was the reported retirement attrition rate across surveyed energy companies in 2023, according to the CEWD workforce report chart.[27]

Remote Work in the utilities and renewable energy sector (sector benchmark)

  • U.S. utilities employees worked 31.42% of paid days from home in 2024.[28]
  • Across U.S. utilities, 18.2% of employees worked fully remotely in November 2024.[29]
  • U.S. utilities employees worked 22.32% of paid days from home in 2026.[28]
  • Among U.S. utility employers recruiting new graduates, 9.3% of positions were fully remote in 2024.[30]

Hybrid Work in the utilities and renewable energy sector (sector benchmark)

  • U.S. utilities had 28% of full-time employees in hybrid arrangements during September–December 2024.[31]
  • Across U.S. utilities, 51% of full-time employees worked either hybrid or fully from home during September–December 2024.[31]
  • Across U.S. utilities, 32.5% of employees worked in hybrid arrangements in November 2024.[29]
  • Among U.S. utility employers recruiting new graduates, 43.4% of positions were fully hybrid in 2024.[30]

Upskilling in the electric power industry

  • 40% of the surveyed utility workforce was in five key job categories in 2023, up from 32% in 2021.[27]
  • 37% of the surveyed utility workforce held corporate-services roles such as human resources, customer service, finance and information technology in 2023.[27]
  • 70% of DOE science, technology, engineering and mathematics workforce-programming investments targeted nuclear workforce development.[23]
  • More than half of the current utility workforce had fewer than 10 years of experience, indicating a need for upskilling and development.[23]
  • 23% of the surveyed utility workforce was outside the five key and corporate-services job categories in 2023.[27]

Employee Engagement in the utilities and renewable energy sector (sector benchmark)

  • At Southern California Edison, 82% of employees gave a favorable overall engagement response in 2022.[32]
  • Across U.S. utilities, 70% of employees were engaged in the July 2025–June 2026 benchmark period.[33]
  • Among frontline energy and utilities workers, 57% said workplace communication tools were designed for desk workers rather than them in 2025.[34]
  • Among U.S. energy and utility organizations, 54% reported that frontline disengagement affected productivity in 2023.[35]

DEI in the electric power industry

  • 9% of the U.S. electric power generation workforce were veterans in 2024.[26]
  • 14% was the private-sector unionization rate in U.S. water-power electric generation in 2024.[26]
  • 27% of the U.S. water-power electric generation workforce were women in 2024.[26]

08 Statistics

Customer & Sales

This section connects customer outcomes to digital channels and service interactions. It includes 2026 mobile-app quality averages for investor-owned utilities (82%) and restoration communication after power restoration (63% contacted customers in Q1 2025).

Customer experience in the electric power industry

  • 707 points out of 1,000 was the 2024 U.S. residential electric-utility customer-satisfaction score.[19]
  • 82% was the 2026 U.S. electric investor-owned utility average for mobile-app quality.[36]
  • 77% was the 2026 U.S. electric investor-owned utility average for courtesy and helpfulness of staff or representatives.[36]
  • 76% was the 2026 U.S. electric investor-owned utility average for information provided on energy-saving ideas.[36]
  • 82% was the 2026 U.S. electric investor-owned utility average for ability to provide reliable electric service.[36]

Customer loyalty in the electric power industry

  • 737 points out of 1,000 gave PSE&G the highest 2025 electric-utility brand-appeal score in the U.S. East.[19]
  • 757 points out of 1,000 gave SRP the highest 2025 electric-utility brand-appeal score in the U.S. West.[19]
  • 747 points out of 1,000 gave EPB the highest 2025 electric-utility brand-appeal score in the U.S. South.[19]
  • 694 points out of 1,000 was the 2025 average U.S. electric-utility brand-appeal score.[19]
  • 23 consecutive years was SRP’s run as the highest-ranked utility in its J.D. Power electric-utility satisfaction segment through 2024.[19]

09 Statistics

Marketing & Brand

This section uses customer-facing satisfaction, bill-reported changes, and reputation indicators to describe external pressure points. It also records a 2025 change in average U.S. residential bills (6% year-over-year).

Marketing in the electric power industry

  • 30% of the largest U.S. utilities offered no mobile app in the 2023 J.D. Power utility digital-experience study.[19]
  • 6% was the year-over-year increase in the average U.S. residential electric-utility bill reported for 2025.[19]
  • 39% of 2024 U.S. electric-utility study respondents said they were financially worse off than in 2023, a customer-communication challenge for utilities.[19]
  • 107175 online interviews formed the 2024 J.D. Power U.S. residential electric-utility study sample.[19]
  • $190 was the average monthly U.S. residential electric-utility bill reported in J.D. Power’s 2025 study.[19]

Digital marketing in the electric power industry

  • 80% was the 2026 electric investor-owned utility average for website satisfaction in the United States.[36]
  • 2 years was the period over which the number of large U.S. utilities without mobile apps increased in the 2023 J.D. Power study.[19]
  • 82% was the 2026 electric investor-owned utility average for mobile-app reliability in the United States.[36]
  • 82% was the 2026 electric investor-owned utility average for mobile-app quality in the United States.[36]
  • 72330 taps were recorded for National Grid’s in-app text-to-report-an-outage feature in calendar 2025.[37]

Branding in the electric power industry

  • 200 points was the approximate 2024 satisfaction gap between customers reporting strong and weak utility brand appeal.[19]
  • 733 points out of 1,000 gave PSE&G the highest 2024 electric-utility brand-appeal score in the U.S. East.[19]
  • 655 points out of 1,000 was the 2024 U.S. electric-utility company-reputation score.[19]
  • 695 points out of 1,000 was the 2024 average U.S. electric-utility Brand Appeal Index score.[19]
  • 723 points out of 1,000 was the 2024 U.S. electric-utility customer-trust score.[19]

Social media in the electric power industry

  • 17987 LinkedIn followers were reported by Idaho Power at the end of 2024.[38]
  • 31000 Facebook followers were reported by Idaho Power at the end of 2024.[38]
  • 3994 Instagram followers were reported by Idaho Power at the end of 2024.[38]
  • 551000 social-media video views were generated by Tacoma Public Utilities in 2025.[39]
  • 7440 X followers were reported by Idaho Power at the end of 2024.[38]

Influencer Marketing in the utilities and renewable energy sector (sector benchmark)

  • Across B2B companies, 76% of marketing leaders believed creator collaborations build brand authenticity in 2025.[40]
  • Across B2B companies, 55% were using influencers in 2025, while another 29% planned to adopt influencer marketing within the following year.[40]
  • Across B2B companies, authenticity and credibility were the top influencer-selection criteria for 58% of marketers in 2025.[40]
  • Across B2B companies, 28% of marketers ranked thought leaders or industry analysts as the most effective influencer type in 2025.[40]
  • Across B2B companies, influencer marketing was associated with a 39-percentage-point advantage in brand-awareness goal attainment in 2025.[40]

10 Statistics

Operations & Execution

This section emphasizes reliability duration, congestion cost, and interconnection bottlenecks. It reports U.S. grid congestion cost at $12 billion in 2024 and SAIDI including major events at 662.6 minutes in 2024.

Process optimization in the electric power industry

  • 2,289 GW of generation and storage capacity remained active in U.S. interconnection queues at the end of 2024.[41]
  • 12 billion USD was the estimated cost of U.S. grid congestion in 2024.[3]
  • 600 GW of utility-scale batteries were awaiting grid connection globally in 2025.[3]
  • 50% is the approximate increase in annual grid investment required by 2030 from today’s level, according to the IEA.[3]
  • 2.8% was the increase in electricity demand across U.S. organized regional markets in 2024.[41]

Operational efficiency in the electric power industry

  • 80% of U.S. electricity interruption hours in 2024 were attributed to major events such as hurricanes.[42]
  • About 2 hours was the average annual duration of U.S. non-major-event interruptions in 2024.[42]
  • 11 hours was the average duration of U.S. customer electricity interruptions in 2024.[42]
  • Nearly 9 hours was the average duration of U.S. major-event interruptions in 2024.[42]
  • 36 hours was the average duration of Puerto Rico customer interruptions excluding major events in 2025.[42]

Quality management in the electric power industry

  • 2.6 million Texas customers lost power during Hurricane Beryl in July 2024.[42]
  • 662.6 minutes was the U.S. SAIDI value including major events in 2024.[42]
  • 646.1 minutes was the U.S. SAIDI value excluding loss-of-supply events in 2024.[42]
  • 1.340 interruptions per customer was the U.S. SAIFI value including major events in 2025.[42]
  • 269.2 minutes was the U.S. SAIDI value including major events in 2025.[42]

Supply chain in the electric power industry

  • 1 to 7 years is the typical construction period for new generation and transmission projects, depending on technology.[3]
  • 132 GW is the projected increase in U.S. electric load by summer 2029 from NERC forecasts cited by FERC.[41]
  • Under 1 year is the typical deployment period for many energy-efficiency measures affecting power-system demand.[3]
  • 100 GW of new coal-fired plants were approved in China during 2024.[3]
  • 15 GW of new coal-fired plants were approved in India during 2024.[3]

Outsourcing / Offshoring in the utilities and renewable energy sector (sector benchmark)

  • Approximately 45% of electric transmission, distribution and gas distribution work was outsourced in 2024, projected to exceed 50% over the following five years.[43]
  • 55% of surveyed solar OEMs, technicians and installers across the United States, United Kingdom, Germany and Spain outsourced most solar maintenance in 2025.[44]
  • 40% of U.S. power and utilities executives surveyed said they would outsource some business functions to external contractors, according to a 2025 survey.[5]
  • 54% of U.S. solar companies surveyed outsourced most solar maintenance in 2025, compared with 60% in Germany and 48% in the United Kingdom.[44]
  • 88% of power and utilities executives surveyed planned to rely more on vendors and contractors than previously, in a 2025 global energy survey.[5]

11 Statistics

Finance & Pricing

This section ties retail and operating economics to electricity prices and utility costs. It includes a 2025 all-sector average retail price of 13.56 cents per kilowatthour and major-utility operating revenue of $376,217 million in 2025.

Pricing strategy in the electric power industry

  • 23.03 cents/kWh was the New England all-sector average electricity price in 2024.[42]
  • 16.11 cents/kWh was the Middle Atlantic all-sector average electricity price in 2024.[42]
  • 27.04 cents/kWh was California’s average retail electricity price in 2024.[42]
  • 38.00 cents/kWh was Hawaii’s average retail electricity price in 2024.[42]
  • 9.59 cents/kWh was Arkansas’s average retail electricity price in 2024.[42]

Cost reduction in the electric power industry

  • 49 USD/MWh was the cost of electricity savings delivered by Brazil’s energy-efficiency program in 2024.[3]
  • 32,860 million USD was U.S. major-utility electric-generation fuel cost in 2024.[42]
  • 243,850 million USD was reported as total utility operating expense by major U.S. utilities in 2021.[42]
  • 56 USD/MWh was the cost of electricity saved through Efficiency Vermont’s obligation scheme for 2024–2026.[3]
  • 63,873 million USD was U.S. major-utility purchased-power expense in 2024.[42]

Profitability in the electric power industry

  • 2,670 million USD was Consolidated Edison’s operating income in 2024.[45]
  • 40,415 million USD was net utility operating income reported by major U.S. utilities in 2024.[42]
  • 289,500 million USD was electric-utility operating expense reported by major U.S. utilities in 2024.[42]
  • 376,217 million USD was electric-utility operating revenue reported by major U.S. utilities in 2025.[42]
  • 352,561 million USD was electric-utility operating revenue reported by major U.S. utilities in 2024.[42]

Financial planning in the electric power industry

  • 15 GW was the approximate volume of new coal capacity approved by India in 2024.[3]
  • 1,700 GW of advanced-stage renewable projects required future grid-connection investment in 2025.[3]
  • 149 GW is the forecast increase in U.S. electric load by winter 2029.[41]
  • 132 GW is the forecast increase in U.S. electric load by summer 2029.[41]
  • 1 trillion USD is the approximate annual global investment in generation assets in 2025.[3]

12 Statistics

Product & Service

This section translates grid needs into product outcomes, including analytics-driven planning and operational performance measures. It lists EPB Smart Grid annual operational savings of $4,234,388 in 2024.

Product development in the electric power industry

  • 12% annual growth in data-center electricity consumption since 2017 increased demand for new generation, grid equipment and flexibility products, globally, through 2024.[3]
  • 14%–15% annual growth was projected for the battery-energy-storage-system segment, reflecting product-development momentum in electrification equipment, globally, for the forecast period beginning 2025.[46]
  • 70% was the reduction in time needed by National Grid’s Triton platform to decide where to reinforce networks, supporting faster grid-product development and deployment in the United Kingdom.[3]
  • 25% of global data-center electricity consumption came from China, creating a major customer-driven product-development requirement for power systems, in 2024.[3]
  • 6-fold growth in new patents for artificial-intelligence applications in power grids occurred in recent years, with the United States and China leading development, globally, through 2022.[3]

Product lifecycle in the electric power industry

  • 50% or more of low-voltage substations was the digitalisation target reported by most surveyed distribution operators for 2035, across multiple regions.[3]
  • 15 of 25 surveyed network operators reported high ambition to digitalise low-voltage networks, based on the IEA’s 2026 global survey sample across transmission and distribution operators.[3]
  • 87,071 unique users accessed EPB’s MyEPB application in Chattanooga, Tennessee, in 2024.[18]
  • $4,234,388 in annual operational savings were delivered by EPB’s Smart Grid in Chattanooga, Tennessee, in 2024.[18]
  • 2,759 customers received EPB Energy Pros expertise in Chattanooga, Tennessee, in 2024.[18]

After-sales in the electric power industry

  • 15% of United Kingdom business energy complaints in 2025 concerned poor customer service.[47]
  • 41% of United Kingdom business energy complaints in 2025 concerned billing issues.[47]
  • 63% of U.S. utilities contacted customers after power restoration in the first quarter of 2025, according to J.D. Power’s utility research.[48]
  • 88% of complaints at E Energy were resolved by the next working day in the fourth quarter of 2024, the highest share among listed suppliers.[47]
  • 66% of United Kingdom businesses were satisfied that their 2025 energy-supplier interaction outcome met their needs.[47]

Value proposition in the electric power industry

  • 80 points was the 2024 U.S. municipal energy-utility score for ease of understanding the bill on the ACSI 0–100 scale.[36]
  • 49% of U.S. electric-utility business customers said their utility worked with them to lower bills in 2024.[49]
  • 80 points was the 2024 U.S. cooperative energy-utility score for restoring electric service after an outage on the ACSI 0–100 scale.[36]
  • 80% of large United Kingdom businesses were satisfied with their energy supplier’s overall service in 2024, compared with 62% of microbusinesses.[47]
  • 62% of United Kingdom businesses were satisfied with their energy supplier’s overall service in 2024.[47]

13 Statistics

Sustainability & Ethics

This section quantifies clean-power investment, waste, water use, and governance signals. It includes $80 billion invested in U.S. clean-power infrastructure and manufacturing in 2024.

Sustainability in the electric power industry

  • $80 billion was invested in U.S. clean-power infrastructure and manufacturing in 2024.[50]
  • 73% of Exelon’s 2025 utility-operation water use was consumptive use.[51]
  • 80% of U.S. electric utility customers were served by a utility with a 100% carbon-reduction target in 2024.[19]
  • 54% was Ørsted’s reduction in Scope 1 greenhouse-gas emissions from 2023 to 2024.[52]
  • 60% was Exelon’s recycling rate for regulated and non-regulated waste in 2025.[51]

ESG in the electric power industry

  • 57% of PG&E Corporation board members were women or racially or ethnically diverse in 2024.[25]
  • $2.16 billion was Edison International’s supplier-diversity spending in 2024.[53]
  • 9% of Edison International’s directors self-identified as LGBTQ+ in 2024.[53]
  • 36% of Edison International’s directors identified as racially or ethnically diverse in 2024.[53]
  • 73% of Edison International’s directors had combined gender, racial or ethnic, and LGBTQ+ diversity in 2024.[53]

Ethics in the electric power industry

  • 36 self-reports remained pending with FERC Enforcement at the end of fiscal 2024.[41]
  • 159 electric-market participant self-reports were received by FERC Enforcement in fiscal 2024.[41]
  • 95% of active Southern California Edison employees completed all assigned enterprise training in 2024.[53]
  • 10 annual ethics-and-compliance audits were completed by FERC’s Division of Audits and Accounting in fiscal 2024.[41]
  • 158 self-reports were closed by FERC Enforcement in fiscal 2024.[41]

CSR in the electric power industry

  • $5 million-plus was contributed by Exelon employees through the Exelon Foundation Employee Giving Campaign and matching gifts programs in 2024.[54]
  • 216 Oncor employees participated in tuition reimbursement in 2024.[55]
  • 711 was Edison International’s 2024 electric-residential customer-satisfaction score on a 1,000-point scale.[53]
  • $2.21 billion was Oncor’s local-supplier spending in 2024.[55]
  • $2.16 billion was Edison International’s spending with diverse suppliers in 2024.[53]

Circular economy in the electric power industry

  • Approximately 75% of U.S. electric-utility waste was treated in 2023.[56]
  • Approximately 25% of U.S. electric-utility waste was released into the environment in 2023.[56]
  • 53% was the reduction in waste managed by U.S. electric utilities from 2014 to 2023.[56]
  • 2,841 tonnes of Ørsted Scope 3 emissions came from waste generated in operations in 2024.[52]
  • 941 million pounds was the reduction in waste managed by U.S. electric utilities from 2014 to 2023.[56]

Carbon footprint in the electric power industry

  • 4,598,412 tonnes were Ørsted’s direct biogenic carbon emissions in 2024.[52]
  • 875 tonnes of market-based Scope 2 emissions were reported by Ørsted in 2024.[52]
  • 58,925 tonnes of location-based Scope 2 emissions were reported by Ørsted in 2024.[52]
  • 9,835,610 tonnes were Ørsted’s total location-based greenhouse-gas emissions in 2024.[52]
  • 9,777,560 tonnes were Ørsted’s total market-based greenhouse-gas emissions in 2024.[52]

15 Statistics

Globalization & Expansion

This section tracks cross-market capital flows and supply chain scale, alongside customer base counts. It notes over 144 GW changing ownership through power-sector transactions in 2025.

Globalization in the electric power industry

  • More than 144 GW, equal to about 10% of total U.S. nameplate capacity, changed ownership through power-sector transactions in 2025.[23]
  • USD 2 trillion of global energy investment is expected to go to clean-energy technologies and infrastructure in 2024.[3]
  • Africa’s energy investment in 2025 is projected to be one-third lower than in 2015, despite increased renewable-power investment.[3]
  • USD 2.2 trillion of global energy investment is projected to go to renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification in 2025.[3]
  • USD 1 trillion per year is the approximate level of global investment in electricity generation reached by 2026.[22]

Supplier management in the electric power industry

  • 26% of PG&E’s key-emitter suppliers had science-based targets or net-zero goals during the company’s supplier assessment.[25]
  • USD 4.9 billion was Westar Energy’s total electric-utility operating revenue in 2024.[45]
  • 6,100-plus direct suppliers supported PG&E’s operations and represented USD 11.5 billion in company spend in 2024.[25]
  • 8.2% of Westar Energy’s electricity supply came from purchased power from MISO in 2022.[45]
  • 6.5% of Westar Energy’s electricity supply came from purchased power from MISO in 2023.[45]

Stakeholder management in the electric power industry

  • 92% of Xcel Energy customers affected during active storm days had their power restored within 24 hours in 2024.[54]
  • 32 points was the 2024 overall sustainability score for the electric utilities evaluated by J.D. Power.[19]
  • Electric-utility sustainability scores increased by 5 points between 2023 and 2024 in the J.D. Power index.[19]
  • More than 340,000 customers in Puerto Rico lost electricity during the June 2024 outage linked to power-plant and transmission-line failures.[22]
  • One stakeholder meeting was held by the Appalachian Power Phase I utility group between July 2024 and June 2025 in Virginia’s energy-efficiency process.[62]

Distribution channels in the electric power industry

  • 19,480,886 U.S. commercial electric customers were served in 2024.[42]
  • 1,131,902 U.S. industrial electric customers were served in 2025.[42]
  • 143,144,185 U.S. residential electric customers were served in 2024.[42]
  • 165,488,106 U.S. ultimate electric customers were served by the electric industry in 2025.[42]
  • 163,741,126 U.S. ultimate electric customers were served in 2024.[42]

16 Statistics

Regional markets

This section anchors demand and generation shifts to national power mixes and inter-regional flows. It reports the U.K. imported net electricity record at 33.4 TWh from Europe in 2024.

The electric power industry in United Kingdom

  • 33.4 TWh of electricity was imported net by the United Kingdom from Europe in 2024, a record level in the published series.[63]
  • 285 TWh of electricity was generated in the United Kingdom in 2024, down 3.1% from 2023.[63]
  • 60.6 GW of renewable electricity capacity was installed across the United Kingdom at the end of 2024, up 7.3% from 2023.[63]
  • 50.4% of United Kingdom electricity generation came from renewable technologies in 2024, a record high.[63]
  • 90.0% of Scotland’s electricity generation was low carbon in 2024, compared with 62.6% in England, 33.5% in Wales and 44.1% in Northern Ireland.[63]

Key questions about the Electric Power Industry

What was the U.S. electricity provider market size in 2025?
The U.S. electricity providers generated $553.2B in revenue from sales to ultimate customers in 2025.
How fast is global electricity demand expected to grow after 2026?
Global electricity demand is forecast to rise at an average annual rate of 3.6% from 2026 through 2030.
Which companies lead the electric power industry?
GE Vernova and NextEra Energy are tied at the top of Gitnux's 2026 electric power ranking with an Overall score of 9.3 each.
Where are technology shifts most visible in the grid and operations?
Utilities planned targeted artificial-intelligence deployments by 2027 (42% in a 2025 survey), while 28% targeted enterprise integration in data investments over the next three years.
How is the electric power industry structured in the United States?
In the United States, 2025 utility-scale capacity consisted of natural gas at 40.0%, renewables at 31.5%, coal at 13.3% and nuclear at 7.7%, and retail revenue is divided by customer type.
What pricing levels do U.S. customers face in 2025?
The average U.S. retail electricity price was 13.56 cents per kilowatthour in 2025, including 17.23 for residential and 8.51 for industrial customers.
Reference

Cite This Report

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APA
Isabelle Moreau. (2026, February 13). Electric Power Industry Statistics. Gitnux. https://gitnux.org/electric-power-industry-statistics
MLA
Isabelle Moreau. "Electric Power Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/electric-power-industry-statistics.
Chicago
Isabelle Moreau. 2026. "Electric Power Industry Statistics." Gitnux. https://gitnux.org/electric-power-industry-statistics.

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