Electric demand growth estimates from BoA

Bank of America institute estimates that U.S. electric demand will increase 2.5% annually through 2035.

Bank of America Institute’s 2.5% CAGR prediction includes historical annual growth of about 0.5%, with another 1% coming from building electrification, 0.5% from data centers,  0.3% from industrial growth and 0.2% from electric vehicles.