We are using less electricity.
According to the US Energy Information Administration, the overall electricity consumption in the US has increased by 20% this century. This would have sounded much more impressive if not for the fact that the economy grew by 69% while the population increased by 21% during the same period. Per capita electricity consumption has dropped by almost 4% since the beginning of this century.
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Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.
(Original air-date: 5/8/26)