What's New in Electrical Trends

The electrical industry is the backbone of the US economy. Many other industries, like water, transportation, manufacturing, and telecommunications, depend on the power industry for their smooth functioning. We see technological advancement shaping every industry around us, and the electrical industry is no exception to that. There have been significant developments and changes in the US power sector, and at times it can get tough to keep up with the technology as more and more innovation hits the US market. 

Here are some of the top trends in the electrical industry that will shape the market and impact the power sector in the coming decade:

Electric Vehicles

According to the National Renewable Energy Laboratory, electric vehicles can increase the US power demand by up to 38% by 2050. This will bring a significant change to the electrical industry. The growing needs of the electric and plug-in hybrid vehicles have made the manufacturers around the world come out with their all-electric vehicle models. Governments around the world are encouraging their industry shareholders to invest in the electric vehicle supply chain. When the electric vehicles flood the market, there will be infrastructural needs to meet the demands of charging their batteries. This will require setting up of several charging stations with functional power-handling capacity. 

Smart grids

When everything around us is becoming smart today, then why not the power grid. Upgrading the US electrical grid to a smart power grid will lead to more efficient electricity transmission. It will have controls, automation, computers, and other technologies working together with the electrical grid to initiate digital responses to the changing electric demand. A Smart grid will reduce operation and management costs and enable quick electricity restoration after a power disturbance. It will also reduce the peak demand, which means lower electricity rates. The investment in making the grid smart will have a significant impact on commercial, residential, and industrial markets.

Increase in the popularity of LED

LEDs are becoming more and more popular and energy-efficient with each passing year. They use 25% to 80% less electricity and last 25 times longer than the traditional bulbs. Installing LEDs can lead to significant savings and a sustainable lighting option for commercial, residential, and commercial projects.

Renewable energy

Renewable energies like solar and wind are becoming a significant source of energy generation. More and more US cities are committing to source their energy from 100% renewable sources. As renewable energy prices continue to decline, utility industries are giving up their coal generators for this cleaner energy source. Large corporates are signing power purchase agreements with renewable energy generators, and this trend is likely to continue in the future as well.

Reduced energy use

More and more consumers in the US are buying energy-efficient devices to cut back their energy usage. Today, smart thermostats, smart power strips, energy-rated appliances, and windows have helped people save hundreds of dollars on their energy bills.

Many large cities in the US are implementing smart city projects. Companies are now offering consumers more sustainable energy solutions.  If you want in on the exciting tide of electrical trending with an electric vehicle charging station, a higher-rated circuit breaker box, LED lighting, or Smart thermostat or appliance installation, give us a call! We guarantee safe installation and professional service for all your electrical needs.

A.B.T. Electric is a licensed residential and commercial electrical contractor in Anthem, Az. We are committed to continuing expertise, safety,  and customer satisfaction. Call (623) 521-3939 today!