Largest gas and electric utilities in the U.S. as of May 11, 2018, based on market value (in billion U.S. dollars)

Largest energy utility companies in the U.S. based on market value 2018 This statistic shows the largest electric utilities in the United States as of May 11, 2018, based on market value. With a market value of around 56.2 billion US dollars, North Carolina-based electric utility Duke Energy was ranked second in 2018. Follow this link to get access to the top 100 U.S. utility companies list.
Electric utilities in the United States

Utilities provide the public with vital commodities or services such as power, natural gas and water. The number of electric utility companies operating in the United States is estimated at over 3,300, with around 200 of them providing power to the majority of users. The U.S. power grid connects about 2.5 million miles of feeder lines and over 450,000 miles of high-voltage transmission lines. The consumers of utility companies can be segmented into industrial, commercial and residential users, the latter of which account for the bulk of retail electricity sales. U.S. residential electricity users bought some 1.38 petawatt hours worth of power in 2017.

Following its merger with Progress Energy, Duke Energy became the one of the largest U.S. energy companies in terms of market value* and was ranked second in the 2018 list of leading electric utilities in the United States. As is the case with 17th-ranked Wisconsin Energy, a utility’s name often indicates its main region of operation in a market which used to be highly regulated. Over the past decades, the generation, transmission and distribution of electricity has been deregulated in various states, including Texas, New York and California. The extent to which the local electricity market is regulated also determines the level of power rates paid by consumers. The structure and design of electricity tariffs may vary greatly throughout the country. While electricity prices in Hawaii and Connecticut are considerably higher than the national average retail price, customers in Louisiana and Idaho are asked to pay the lowest rates.
Show more
Loading statistic...
Expand statistic
Market value in billion U.S. dollars
NextEra Energy75.8
Duke Energy56.2
Southern Company45.5
Dominion Resources42.2
Exelon39.2
American Electric33.1
Public Service Enterprise Group25.8
Consolidated Edison23.9
Xcel Energy23
PG&E22.4
Edison International20.3
WEC Energy Group19.5
PPL19.4
DTE Energy18.6
Eversource Energy18.4
FirstEnergy16.2
Entergy14.3
Ameren13.9
CMS Energy12.8
Vistra Energy12
Market value in billion U.S. dollars
NextEra Energy75.8
Duke Energy56.2
Southern Company45.5
Dominion Resources42.2
Exelon39.2
American Electric33.1
Public Service Enterprise Group25.8
Consolidated Edison23.9
Xcel Energy23
PG&E22.4
Edison International20.3
WEC Energy Group19.5
PPL19.4
DTE Energy18.6
Eversource Energy18.4
FirstEnergy16.2
Entergy14.3
Ameren13.9
CMS Energy12.8
Vistra Energy12
Download Settings Share
Chart type
Datalabels
Share on Social Media
HTML code to embed chart as PNG (FAQ)
Download started
Please be patient - this may take a moment
Description Source More information
This statistic shows the largest electric utilities in the United States as of May 11, 2018, based on market value. With a market value of around 56.2 billion US dollars, North Carolina-based electric utility Duke Energy was ranked second in 2018. Follow this link to get access to the top 100 U.S. utility companies list.
Electric utilities in the United States

Utilities provide the public with vital commodities or services such as power, natural gas and water. The number of electric utility companies operating in the United States is estimated at over 3,300, with around 200 of them providing power to the majority of users. The U.S. power grid connects about 2.5 million miles of feeder lines and over 450,000 miles of high-voltage transmission lines. The consumers of utility companies can be segmented into industrial, commercial and residential users, the latter of which account for the bulk of retail electricity sales. U.S. residential electricity users bought some 1.38 petawatt hours worth of power in 2017.

Following its merger with Progress Energy, Duke Energy became the one of the largest U.S. energy companies in terms of market value* and was ranked second in the 2018 list of leading electric utilities in the United States. As is the case with 17th-ranked Wisconsin Energy, a utility’s name often indicates its main region of operation in a market which used to be highly regulated. Over the past decades, the generation, transmission and distribution of electricity has been deregulated in various states, including Texas, New York and California. The extent to which the local electricity market is regulated also determines the level of power rates paid by consumers. The structure and design of electricity tariffs may vary greatly throughout the country. While electricity prices in Hawaii and Connecticut are considerably higher than the national average retail price, customers in Louisiana and Idaho are asked to pay the lowest rates.
Show more
Release date
June 2018
Region
North America
Survey time period
as of May 11, 2018
Supplementary notes
Cutoff values according to the source: sales 4.47 billion U.S. dollars, profits of 333.3 million U.S. dollars, assets of 10.72 billion U.S. dollars and market value of 6.55 billion U.S. dollars.

More information

Statista Accounts: Access All Statistics. Starting from $588 / Year

Basic Account

Get to know the platform

You only have access to basic statistics.

Register for free

Premium Account

Your perfect start with Statista

  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account

Full access

Corporate solution including all features.

Send request

* All products require an annual contract.
   Prices do not include sales tax
   (New York residents only).
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom

Related Studies: Available to Download in PDF or PPTX Format

Electric utilities in the United States
Electric utilities in the United States

All Information
in one Presentation

Electric utilities in the United States

Everything On "Electric utilities in the United States" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista has been my savior on several occasions. The site is easy to maneuver and the data is in a format that can go right into a report or presentation.
Marlene Greenfield

Marlene Greenfield
Vice President, Hearst Magazines

Statistics on "Electric utilities in the United States"

  • Global electric utilities
  • U.S. electric utilities industry
  • Major U.S. electric utility companies
  • Comparison of leading U.S. utilities
Need help with using Statista for your research? Tutorials and first steps

Further Content: Statistics, Studies, and Topic Pages

Statistics on the topic

Topics

About Statista

Learn more about how Statista can support your business.

Request webinar
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.

News
News