U.S. Electricity Consumption Set to Hit Record Highs in 2024 and 2025

U.S. electricity consumption is expected to reach all-time high levels this year and then again in 2025, according to the latest estimates by the Energy Information Administration (EIA). Total U.S. electricity consumption is set to increase to 4,086 billion kilowatt hours (kWh) this year and to 4,165 billion kWh next year, the EIA forecasts in its latest Short-Term Energy Outlook (STEO) for December. The consumption in 2024 and 2024 would compare to a previous record of 4,067 billion kWh of total U.S. power use in 2022. In the winter period of…