New House Sales Drive Electric Sales
The federal government reported last week that new single-family house sales were up 17.8 percent in October, compared with October 2015.
Trends in sales of new single-family houses drive trends in sales of electricity.
For every new single-family house, in the South especially, monthly electricity sales increase almost two thousand kilowatts-hours on average.
This is a large increment. It would net out, for example, energy efficiency improvements of twenty existing houses of a hundred kilowatts-hours monthly.