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20.05.26 - 19:24
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Commercial Electricity Use Will Surpass Residential In 2027, As Price Surge Set To Continue: EIA (ZeroHedge)
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Commercial Electricity Use Will Surpass Residential In 2027, As Price Surge Set To Continue: EIA
By Robert Wilson of UtilityDive
Commercial electricity consumption is likely to surpass residential use for the first time on record in 2027, the U.S. Energy Information Administration said Tuesday in its Short-Term Energy Outlook.
The commercial sector, which includes hyperscalers, bitcoin miners and cloud computing, is expected to see electricity sales grow 2.2% to about 1,530 billion kWh in 2026 — roughly the same as the residential sector — followed by 5.3% growth the following year, EIA said.
Demand from the residential sector, which has historically accounted for the largest share of U.S. electricity use, will remain largely flat over the next two years, growing about 0.5% in 2026 and 2027. Total U.S. electricity consumption in 2026 will be almost 4,250 billion kWh, up 1.3% from 2025, and is expected to grow 3.1% in 2027.
Meanwhile, U.S. residential electricity prices will continue to r...
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20.05.26 - 08:30
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UK inflation eases more than expected to 2.8%, led by lower electricity and gas bills – business live (The Guardian)
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Food inflation also slows, to 3%Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.It's inflation day! (and Nvidia day)There was a notable fall in annual inflation led by lower electricity and gas prices. This was due to the government's energy bill support package reducing variable and fixed tariffs, along with lower global wholesale energy prices before the conflict in the Middle East, which fed through to the reduction in the Ofgem cap.The war in Iran is not our war but one we will need to respond to, and the decisions I took in the budget last year have kept inflation down as we deal with global instability. We have the right economic plan, and to change course now would risk our economic stability and leave working people worse off.We have already taken £117 off energy bills, frozen rail fares, and lifted the two-child limit, and over today and tomorrow I'll set out the next phase of how we will support UK households.For too long, vital infr...
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