• The electricity industry could see some changes

  • Economic trends can impact the utility industry in ways consumers may not realize. Building managers may have workers come in with utility carts to make adjustments on their electrical utilities, as the sector is predicted to experience some changes in the coming months.

    According to Utility Dive, the electric industry could see some major shifts as utilities experience changes. For starters, the news provider reports that there could be a bigger shift toward renewable energy, as building managers look to keep costs low and reduce their carbon footprints. Being energy efficient is a major push not only by the Environmental Protection Agency, but also companies that are looking to reduce their overall utility costs.

    Analysts are also waiting to see if any changes are made by the new political administration, which could shift priorities in the utility industry. This is something building managers may also want to pay attention to when looking at costs.

    There’s been a definite shift toward clean energy. According to Forbes, the solar energy has more employees for in the electricity industry than coal, oil or gas combined. This accounts for approximately 374,000 employees in the solar industry. The news provider also reports that the solar industry added nearly 74,000 new jobs in the past year.