Invest in the Future:
Keep Our Economy Strong
A hundred years ago, electricity was a luxury. Today we can’t imagine our lives without it.
Electricity plays a critical role in our society on many levels. It advances the nation’s economic growth and productivity. It promotes business development and expansion. It provides solid employment opportunities to American workers. And it enriches our lives.
Electricity is a crucial commodity we all take for granted. Indeed, our high-technology society demands electricity for nearly all new products that come to market.
The Energy Information Administration projects our nation’s economy will remain steady and strong, with the gross domestic product growing at an average annual rate of 2.4 percent through 2030. Electricity demand, which is closely tied to the rate of economic growth, will grow by at least 30 percent during this time.1
By making investments in new power plants and electricity delivery systems, electric companies are working to ensure that our nation continues to have reliable and affordable electricity in the future.
1U.S. Department of Energy, Energy Information Administration, Annual Energy Outlook 2008¸ (Early Release), April 2008.
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