Economic Forecast

ORE Staff have depended on utilities to provide sales volumes, customer counts, as well as other information such as demographic and economic variables. The majority of investor-owned utilities (IOUs) carry their own subscriptions to data brokers in order to receive accurate and timely demographic and economic data for its service territory, which is then used to inform its sales and customer forecasts. Along with weather, other major drivers of electric and gas sales forecasts are population, income, employment, and others, to connect the sales forecast to future predicted economic conditions. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: None Minority / Women Business Enterprise contracting goals (MWBE) Total MWBE Goals: 30.00%