Tools commonly used in the Electric & Other Services-Combined industry for day-to-day tasks and operations.

• Power transformers
• Circuit breakers
• Voltage regulators
• Power generators
• Power distribution units
• Power inverters
• Power meters
• Power factor correction equipment
• Power capacitors
• Power filters

Common products and services typical of NAICS Code 221122-01, illustrating the main business activities and contributions to the market.

• Electric grid management
• Power distribution services
• Electrical maintenance and repair
• Meter reading and billing services
• Power generation services
• Electrical engineering services
• Power transmission services
• Electrical testing and inspection services
• Power system design and installation
• Renewable energy services

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• National Electrical Code (NEC): The NEC is a standard for the safe installation of electrical wiring and equipment in the United States. It is published by the National Fire Protection Association (NFPA) and is required by many states and local jurisdictions.
• Occupational Safety and Health Administration (OSHA) Electrical Standards: OSHA sets standards for electrical safety in the workplace, including requirements for electrical equipment, wiring, and grounding.
• North American Electric Reliability Corporation (NERC) Standards: NERC sets standards for the reliability and security of the North American power grid, including requirements for the operation and maintenance of the grid.
• Federal Energy Regulatory Commission (FERC) Regulations: FERC regulates the interstate transmission of electricity and natural gas, including rates, tariffs, and market rules.
• Environmental Protection Agency (EPA) Regulations: The EPA sets standards for the emissions of pollutants from power plants, including requirements for air and water quality.

A concise historical narrative of NAICS Code 221122-01 covering global milestones and recent developments within the United States.

• The Electric & Other Services-Combined industry has a long and rich history worldwide. The first electric power plant was built in 1882 in New York City, and by the early 1900s, electric power had become a common feature in many American homes. In the 1920s, the industry saw the introduction of electric refrigerators, washing machines, and other household appliances, which further increased demand for electricity. In the 1950s and 1960s, the industry experienced significant growth due to the post-war economic boom and the expansion of the electric grid. In recent history, the industry has seen a shift towards renewable energy sources, such as wind and solar power, as well as the development of smart grid technology. In the United States, the Electric & Other Services-Combined industry has undergone significant changes in recent years. The industry has seen a shift towards renewable energy sources, with many companies investing in wind and solar power. In addition, the industry has seen the development of smart grid technology, which allows for more efficient and reliable distribution of electricity. The industry has also faced challenges, such as the aging of the electric grid and the need for infrastructure upgrades. Overall, the industry has remained an essential part of the US economy, providing reliable and affordable electricity to homes and businesses across the country.

The anticipated future trajectory of the NAICS 221122-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Electric & Other Services-Combined industry in the USA is expected to experience steady growth in the coming years. The increasing demand for electricity and the need for more efficient and sustainable energy sources are driving the growth of this industry. The industry is also expected to benefit from the increasing adoption of renewable energy sources, such as solar and wind power. The growing demand for electric vehicles is also expected to boost the industry's growth. However, the industry is also facing challenges such as aging infrastructure and the need for significant investments in new technologies. Overall, the industry is expected to continue to grow in the coming years, driven by the increasing demand for electricity and the need for more sustainable energy sources.

Recent groundbreaking advancements and milestones in the Electric & Other Services-Combined industry, reflecting notable innovations that have reshaped its landscape.

• Smart Grid Technology: The implementation of smart grid technology has revolutionized the way electricity is distributed and managed. Smart grids use advanced sensors and communication technologies to monitor and control the flow of electricity, making the grid more efficient and reliable.
• Energy Storage Systems: The development of energy storage systems has made it possible to store excess energy generated by renewable sources such as solar and wind power. This has helped to address the issue of intermittency and has made renewable energy sources more reliable.
• Electric Vehicles: The increasing adoption of electric vehicles is driving the demand for charging infrastructure and is expected to boost the growth of the Electric & Other Services-Combined industry.
• Microgrids: Microgrids are small-scale power grids that can operate independently or in conjunction with the main power grid. They are often used in remote areas or in areas with unreliable power supply. The development of microgrids has made it possible to provide reliable and affordable electricity to communities that were previously underserved.
• Energy Efficiency Programs: Many utilities are implementing energy efficiency programs to help customers reduce their energy consumption. These programs include incentives for energy-efficient appliances, home energy audits, and other measures to help customers save energy and reduce their electricity bills.