North American Electric Distribution Spend Up 4% in 2015, C Three is Predicting Another 5% Increase in 2016

ATLANTA, GEORGIA, UNITED STATES, September 8, 2016 /EINPresswire.com/ -- The C Three Group today announced that it has released its latest comprehensive North American Electric Distribution Market Forecast: 2008 - 2020. U.S. and Canadian investor-owned, government owned, and cooperative utilities spent almost $54 billion in electric distribution capital expenditures and on operations and maintenance expenses in 2015, up by about 5% from 2014.

Forecasted spend is expected to grow again at a conservatively forecasted 5% in 2016 driven by new housing starts, storm hardening and pole loading programs and a rash of LED street lighting upgrade programs.

Actual spend 2008 through 2015 is provided for major sub-categories of the utility electric distribution capital expenditure and O&M markets:

• Conductors
• Poles
• Line Transformers
• Substation equipment and services
• Underground equipment and services
• Meters
• Construction services
• Lighting and Signal Systems

“After several years of flat spending in electric distribution, we are now seeing robust growth rates among some utilities, in particular by Southern California Edison and PG&E,” said Jean Reaves Rollins, President of The C Three Group.

“C Three completed in-depth research of over 100 electric utilities actual and announced forecasted distribution capital, operations and maintenance spend, including AEP, Arizona Public Service, Alliant, BC Hydro, Centerpoint, ConEd, Dominion, Entergy, Eversource, Iberdrola, Imperial Irrigation District, LIPA, Manitoba Hydro, National Grid, Nextera, OG&E, Seattle City Light, SCE, Southern Company, Tampa Electric, UIL and Westar. As housing improves, and special programs such as pole loading, storm hardening, fire hardening and street light conversions, are implemented, spending on the capital side is increasing. However, operations and maintenance spend growth will not be nearly as robust as distribution capital expenditures.”

The full, 48-page report is available for purchase.

To learn more about the “C Three Group’s 2016 North American Electric Distribution Market Forecast” contact Laura Keen at 404 233-8555 ext. 807 or email at lkeen@cthree.net.

About The C Three Group

Founded in 1998, The C Three Group has become a leading provider of energy infrastructure market intelligence and analysis. C Three’s infrastructure databases and market research guide acquisition decisions and private equity spending through high quantitative forecasting and analysis. C Three’s clients represent the leading utilities, pipeline owners, construction companies, private equity, banking, and manufacturers of infrastructure components worldwide

Laura Keen
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The C Three Group