In 2023, the direct transfer on end-use electricity for residential purposes in Italy stood at approximately 18.57 million US dollars. The forecast for 2024 shows a rise to 19.95 million US dollars, representing a year-on-year increase of 7.4%. This upward trend continues through 2028, with values reaching 25.43 million US dollars. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected at approximately 5.1% per annum, indicating steady growth in residential energy spending.
Future trends to watch for:
- Growing emphasis on renewable energy integration may influence residential electricity expenditure.
- Technological advancements in energy efficiency could impact consumption patterns and costs.
- Policy changes in energy tariffs and subsidies could alter expenditure trajectories.