U.S. residential electricity consumption dips to 2001 lows

Average residential electricity consumption is the lowest seen since 2001 as homes are using more energy-efficient appliances and smart electronics, including light emitting diode bulbs.

Analysis from the U.S. Energy Information Administration reveals average residential electricity consumption in 2013 dropped for the third consecutive year to 10,819 kilowatt-hours per household, The Associated Press reported. This figure is the lowest seen since 2001 as homes are using more energy-efficient appliances and smart electronics, including light emitting diode bulbs. 

"It's great to see this movement, to see the shift in the national numbers," said Jennifer Amman, the buildings program director at the American Council for an Energy-Efficient Economy, according to the AP. "I expect we'll see greater improvement over time. There is so much more that can be done."

The AP said tightened federal energy standards and adoption of more energy-efficient technologies are leading causes for the drop in energy consumption. As LEDs become more common, the U.S. Department of Energy projects energy savings may increase to the equivalent of the output of 44 large power plants by 2027. LEDs consume 70 to 80 percent less electricity than regular incandescent light bulbs, which are being gradually phased out by LEDs and compact fluorescent bulbs. 

More information on the LED lighting market can be found on PennEnergy Research

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