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Energy Business
Kinsey Grant Baker
Kinsey Grant Baker
Energy Central Team
·Posted in Energy Business
Wed, Jul 23

NEWS: Utility CapEx to hit $1.3T over next five years

More than $1.1 trillion—with a T. That’s how much investor-owned utilities in the US will invest from 2025–2029 to meet demand growth. (EEI)

  • CapEx spending over the decade from 2015–2024 totaled $1.3T, making this prediction for the next five years a rapid uptick in investment.

  • “Our capital expenditures are higher than any other sector in the US economy, outpacing transportation, retail, and other capital-intensive industries,” EEI CEO Drew Maloney said of the electric utility industry.

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