In 2019, U.S. inflation-adjusted energy expenditures fell 5%

U.S. energy expenditures, or the amount of money spent by consumers to purchase energy, fell to $1.2 trillion in 2019, down 5% in real terms compared with 2018, according to the latest data in our State Energy Data System (SEDS). From 2018 to 2019, total energy consumption in the United States fell 1%, and average total energy prices, adjusted for inflation, fell 5%, contributing to the decline in total energy expenditures.