The forecasted data indicates a steady decline in the tax expenditure on residential end-use electricity as a percentage of GDP from 0.004 in 2024 and 2025 to 0.003 in 2026, 2027, and 2028. This consistent decrease suggests a potential stabilization or reduction in tax-related subsidies or incentives for residential electricity usage relative to the broader economy.

Future trends to watch for include:

Impact of federal and state policy changes on residential electricity consumption.
Technological advancements in energy efficiency and renewable energy adoption.
Economic factors that might influence the overall GDP, affecting expenditure percentage.
Potential shifts in consumer behavior towards sustainable energy solutions.