The tax expenditure on end-use electricity for residential purposes in the US indicates a slight downward trend from 2024 to 2028, starting at 872.49 million USD and decreasing to 869.38 million USD. This stable decline reflects a minimal year-on-year decrease. The data from 2023 is not provided, hence, visualizing the earlier trend and calculating the precise five-year CAGR would require 2023 data to be complete. Overall, this suggests a slight decrease in governmental tax expenditure over time, potentially influenced by shifts in policy, energy efficiency improvements, or changes in consumption patterns.
Future trends to watch include advancements in renewable energy technology, changes in tax legislation favoring green energy, and further increases in home energy efficiency measures, which could all impact tax expenditures in the coming years.
