Number of Electric Power Distribution Businesses in the US (2000–2023)
As of 2023
2,249
electric power distribution businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The electric power distribution industry has grown 43.1% since 2000 (from 1,572 to 2,249 firms).
- •The peak year was 2023 with 2,249 firms.
- •Recent trend (last 5 years): the industry is growing (+26.7%).
- •Employment: 519,323 workers in 2023 (-1.3% change since 2000).
- •Estimated 5-year survival rate: 75%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 2,249 | 12,281 | 519,323 | 4.6% | 5.5% | +2.3% |
| 2022 | 2,111 | 12,387 | 507,158 | 8.6% | 6.1% | +2.2% |
| 2021 | 1,970 | 12,041 | 494,822 | 7.4% | 4.0% | -0.8% |
| 2020 | 1,856 | 11,600 | 500,280 | 5.1% | 3.1% | -0.5% |
| 2019 | 1,775 | 11,356 | 502,349 | 5.0% | 4.4% | -1.4% |
| 2018 | 1,770 | 11,291 | 510,066 | 14.7% | 10.8% | -0.2% |
| 2017 | 1,716 | 10,851 | 510,337 | 6.3% | 4.7% | -0.3% |
| 2016 | 1,694 | 10,657 | 509,921 | 6.4% | 3.7% | +0.2% |
| 2015 | 1,689 | 10,443 | 511,564 | 6.4% | 5.6% | +0.6% |
| 2014 | 1,703 | 10,362 | 506,971 | 4.6% | 4.8% | -0.7% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.