The source estimates that the utilities included serve around 75 percent of the American population. Investment from public power, co-ops, merchant developers are not included.
*Figures calculated by ÌÇÐÄÆƽâ°æ based on data provided by the source.
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Utilities CAPEX on electric grid in the United States 2023, by type
Investor-owned utilities in the United States invested some *** billion U.S. dollars in electricity grid expansion in 2023. Replacement, hardening and resilience, and expansion of the grid accounted for the largest share of the expenditure on distribution and transmission infrastructure, while investment in advanced technology amounted to roughly *** billion U.S. dollars.
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U.S. Department of Energy. (April 16, 2024). Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
U.S. Department of Energy. "Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars)." Chart. April 16, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
U.S. Department of Energy. (2024). Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
U.S. Department of Energy. "Estimated Capital Expenditure of Investor-owned Utilities in Electricity Grids in The United States in 2023, by Type (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 16 Apr 2024, /statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
U.S. Department of Energy, Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/ (last visited August 01, 2026)
Estimated capital expenditure of investor-owned utilities in electricity grids in the United States in 2023, by type (in billion U.S. dollars) [Graph], U.S. Department of Energy, April 16, 2024. [Online]. Available: /statistics/1462733/utilities-investment-in-electricity-grids-united-states-by-type/
