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U.S. Utilities Rev Up Transmission & Distribution Spending in Third Quarter
Industry Segment: Power | Word Count: 705 Words
Attachment: US-T&D-3Q21
SUGAR LAND May 28, 2021 Researched by Industrial Info Resources (Sugar Land, Texas) Across the U.S., major utilities are investing more in adding and improving their electric distribution systems, according to the U.S. Energy Information Administration (EIA), including a record $57.4 billion in 2019. These investments are outpacing customer growth and retail sales, as utilities are increasingly focused on replacing outdated equipment and fortifying distribution structures against weather-related damage. And the buildout continues: Industrial Info is tracking more than $4.3 billion worth of transmission and distribution (T&D) projects that are slated to kick off across the U.S. in third-quarter 2021, more than $2.8 billion of which is attributed to projects in the Midwestern and Southwestern regions. ....

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