In 2023, end-use electricity support across all sectors in the US was at a certain baseline. From 2024 to 2026, the forecasted value remains steady at $1.11 billion, showing no significant growth. A slight increase to $1.12 billion is anticipated for 2027 and 2028. Year-on-year variations show minimal change, indicating a stable market with limited fluctuation. The compound annual growth rate over the five-year period remains negligible.
Future trends to watch for include:
- Potential impacts of new policies on renewable energy adoption.
- Technological advancements that could enhance energy efficiency.
- Market responses to evolving consumer preferences for sustainable options.