CleanTechnica•4 months ago
More U.S. Homes Used LEDs Over Other Bulb Types For Indoor Lighting In 2024
- •90% of US households used LEDs for indoor lighting in 2024, with 37% exclusively using them, indicating a near-complete market saturation for efficient lighting.
- •This widespread adoption significantly reduces residential electricity demand, particularly during traditional evening peak hours, impacting overall grid load forecasts.
- •For developers and IPPs, this trend implies slower residential load growth, potentially reducing the need for new generation capacity and influencing wholesale electricity prices and PPA structures.
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