Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Electric utilities in the U.S. - Statistics & facts

An electric utility is most often a public electric power company that operates facilities to generate, transmit, and distribute electricity to both public and industrial consumers. Around the world, they are often the primary energy providers, with some of the largest electric utilities situated in Europe. Electricity markets that sell and buy electricity can also be considered a utility.

Utilities in the United States were once commonly large regional monopolies; however, the growth of the renewable energy market has gradually caused a breakdown of the traditional model. The reduction in the price of renewables and energy storage, the establishment of carbon regulations, and the increase in distributed energy resources are further accelerating this change. Many utilities have begun to become more involved in the solar industry, with California based PG&E holding the largest solar power capacity of all such U.S. companies. Utilities are also looking into offering rooftop solar installations and providing consumers with community-shared solar options. In light of these emerging trends, traditional utilities have been heavily criticized for their aging infrastructure, and new distributed capacities are forcing companies to upgrade their transmission and distribution grids. As such, operating expenses for transmission and distribution of major investor-owned electric utilities have increased annually in the past few years and surpassed 16 billion U.S. dollars in 2018. Meanwhile, fossil steam and gas turbines remain the power plants with the highest operating costs.

As the traditional electric utility industry has been described as being in transition, several new supplier segments have begun to emerge. Network operators sell retail service providers access to their grid, while marketers sell energy futures and derivatives to businesses. In most areas across the United States, service providers and retailers that have bought power at competitive prices from the market can be selected directly by the consumers.

In 2018, Florida Power & Light Co was the leading retailer of electricity, having sold 59.11 terawatt hours of electricity to residential customers. It also held the largest residential client pool among electric utilities, closely followed by Southern California Edison Co.

Key figures

The most important key figures provide you with a compact summary of the topic of "Electric utilities in the U.S." and take you straight to the corresponding statistics.

Segments

Financials of leading companies

Companies

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Electric utilities in the U.S.".

Electric utilities in the U.S.

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Electric utilities in the U.S. - Statistics & facts

An electric utility is most often a public electric power company that operates facilities to generate, transmit, and distribute electricity to both public and industrial consumers. Around the world, they are often the primary energy providers, with some of the largest electric utilities situated in Europe. Electricity markets that sell and buy electricity can also be considered a utility.

Utilities in the United States were once commonly large regional monopolies; however, the growth of the renewable energy market has gradually caused a breakdown of the traditional model. The reduction in the price of renewables and energy storage, the establishment of carbon regulations, and the increase in distributed energy resources are further accelerating this change. Many utilities have begun to become more involved in the solar industry, with California based PG&E holding the largest solar power capacity of all such U.S. companies. Utilities are also looking into offering rooftop solar installations and providing consumers with community-shared solar options. In light of these emerging trends, traditional utilities have been heavily criticized for their aging infrastructure, and new distributed capacities are forcing companies to upgrade their transmission and distribution grids. As such, operating expenses for transmission and distribution of major investor-owned electric utilities have increased annually in the past few years and surpassed 16 billion U.S. dollars in 2018. Meanwhile, fossil steam and gas turbines remain the power plants with the highest operating costs.

As the traditional electric utility industry has been described as being in transition, several new supplier segments have begun to emerge. Network operators sell retail service providers access to their grid, while marketers sell energy futures and derivatives to businesses. In most areas across the United States, service providers and retailers that have bought power at competitive prices from the market can be selected directly by the consumers.

In 2018, Florida Power & Light Co was the leading retailer of electricity, having sold 59.11 terawatt hours of electricity to residential customers. It also held the largest residential client pool among electric utilities, closely followed by Southern California Edison Co.

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Electric utilities in the U.S.".

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Hadley Ward
Hadley Ward
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Catalina Rodriguez
Catalina Rodriguez
Key Account Manager - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)