Sunday, December 4, 2016

US Electricity Demand Low

We've had some mild weather, and this was a colder period last year, but the last week has turned in some low national numbers for electricity demand.  Here are the last month's daily numbers compared to 2015 (adjusted for day of the week).  Power demand, like highway miles driven, are correlated with GDP growth, and we are seeing weak results for both in the past quarter.