Power Biz 101

The Electric Power Industry Is A Large Business Sector.
In 2005, the latest year for which data are available, the electric power industry earned more than $298 billion in revenue from sales to ultimate customers. In our nation’s economy, the electric power industry represents three percent of real GDP. In terms of gross output—sales and other operating income, plus commodity taxes and changes in inventories—it is one of the largest industries in the country, surpassing other industries such as the pharmaceutical, airline, and natural gas industries.

Gross Output Of Key Industries

Source: U.S. Department of Commerce, Bureau of Economic Analysis, 2004.