“America’s electric companies are working every day to help lower costs and improve reliability for their customers,” said EEI President and CEO Drew Maloney. “Our new data shows how our industry is strengthening the energy grid with real investments—in jobs, critical infrastructure, and communities across the nation. These long-term investments will benefit customers, drive economic growth, and help America achieve energy dominance.”

Key findings include:

• EEI member companies are projected to invest nearly $208 billion in 2025 to make the energy grid smarter, stronger, more efficient, and more secure.
• 91 gigawatts (GW) of new capacity is currently under construction, and 488 GW is planned or has been proposed for the next five years. For comparison, the grid currently has approximately 1,250 GW of capacity.
• Electricity generation in the United States climbed 3 percent in 2024—the largest annual increase in five years—and is projected to continue growing steadily. 
• As the economy electrifies and more power flows through the grid, EEI member companies’ investments will be distributed across a larger customer base, driving down costs for American families and businesses while fueling sustained economic growth and prosperity.

Click here for a background document on the 2025 projections, and here for more on EEI’s member companies’ record investments to power America’s economic and energy security.