Pandemic Likely to Continue Affecting Electricity Demand

According to a recent CoBank report, demand for electricity is not expected to rebound to pre-COVID-19 levels until at least 2022. While the drop in commercial demand has been somewhat offset by residential demand due to stay-at-home orders, there are signs this sector will also weaken. This may result in utilities taking cost-saving measures, such as coal-fired plants retiring at a faster rate.

Back to top