Thursday, November 27, 2008

Surprise Drop in Power Use Delivers Jolt to Utilities - WSJ.com

Surprise Drop in Power Use Delivers Jolt to Utilities - WSJ.com:

"An unexpected drop in U.S. electricity consumption has utility companies worried that the trend isn't a byproduct of the economic downturn, and could reflect a permanent shift in consumption that will require sweeping change in their industry.

Numbers are trickling in from several large utilities that show shrinking power use by households and businesses in pockets across the country. Utilities have long counted on sales growth of 1% to 2% annually in the U.S., and they created complex operating and expansion plans to meet the needs of a growing population."



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