A recent survey by Electrical Wholesaling of the Top 150 electrical distributor chains, revealed that Infrastructure Law funds are beginning to be spent in the electrical market. The following percentage of responding distributors report that they see infrastructure law funds already flowing:
- Expansion of high-speed broadband internet for underserved rural or urban areas: 12%
- Electric utility grid expansion or retrofit: 6%
- Electric vehicle charging stations: 14%
- Expansion or retrofit of traditional infrastructure projects, including roads, bridges, rail, ports, and airports: 9%
- Build, preserve and retrofit homes and commercial buildings: 8%
- Modernize schools and child-care facilities: 11%
- Upgrade veterans’ hospitals and federal buildings: 22%
The four bolded spending categories above will lead to more lighting sales. The EV charging spending is another reason multiple lighting manufacturers are jumping into the EV charger market.
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