Electric Utility Construction Price Index, annual 2013
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Released: 2014-04-03
Construction costs for the electric utility distribution systems decreased 0.8% in 2013 compared with the 2012 annual index. Lower costs for labour (-3.4%) and construction indirects (-1.0%), which includes engineering (-1.1%) and administration and overheads (-1.0%), were the major contributors to the decrease of the index.
In 2013, construction costs for the transmission line systems slightly increased, by 0.1%, while the transmission lines component decreased 0.9%, largely as a result of a decrease in installation labour costs (-3.4%). The substations component increased 0.7%, led by a 1.2% increase in station equipment costs.
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With each release, data for the previous year may have been revised. The indexes are not seasonally adjusted.
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