U.S. Utility Spending Over Two Decades Rose Due to Grid Investments: EIA
Major utilities have increased their annual spend to produce and deliver electricity over the last two decades, according to an Nov. 18 report published by the U.S. Energy Information Administration. Annual spend rose 12 percent from $287 billion during 2003 to $320 billion during 2023. The increase in annual spend can be attributed to capital…...