Accurate projections of electricity demand growth by end-use customer class (residential, commercial, industrial) are … answer the substantive policy question: how price responsive is industrial electricity demand in the US? Based on a …’s future effect on the US industrial electricity demand is likely small, justifying policy continuation of energy efficiency …

We argue for the resurrection of an old idea: electricity use as an indicator of U.S. economic activity. Our analysis … relies on associations - the 40-year correlation between growth rates in real GDP and electricity use can be as high as 89 …% - and intuition. Electricity use and economic conditions should move together. The vast majority of goods and services are …