In 2023, the United States saw annual tax expenditures on end-use electricity for residential consumers amount to $907 million. From 2024 onwards, forecasts predict a steady annual increase: 915.68 million in 2024, up to 949.71 million by 2028. Year-on-year growth rates show modest rises of approximately 1% annually. The compound annual growth rate (CAGR) for the period from 2023 to 2028 holds at a stable 0.88%, indicating consistent but slow growth in tax expenditures related to residential electricity consumption.

Future trends to watch for include:

Potential policy changes affecting energy taxes.
Technological advancements in energy efficiency reducing consumption needs.
Shifts in residential energy demand based on climate variations or population growth.
The influence of renewable energy adaptations on tax structures.