Investor-owned utilities in the United States invested some 170 billion U.S. dollars in electricity grid expansion in 2023. Replacement, hardening and resilience, and expansion of the grid accounted for the largest share of the expenditure on distribution and transmission infrastructure, while investment in advanced technology amounted to roughly six billion U.S. dollars.
Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type
(in billion U.S. dollars)
The source estimates that the utilities included serve around 75 percent of the American population. Investment from public power, co-ops, merchant developers are not included.
*Figures calculated by Statista based on data provided by the source.
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US Department of Energy. (April 16, 2024). Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
US Department of Energy. "Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars)." Chart. April 16, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
US Department of Energy. (2024). Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
US Department of Energy. "Estimated Capital Expenditure of Investor-owned Utilities in Electricity Grids in The United States in 2023, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Apr 2024, https://www.statista.com/statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
US Department of Energy, Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/ (last visited November 23, 2024)
Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars) [Graph], US Department of Energy, April 16, 2024. [Online]. Available: https://www.statista.com/statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
