Major Group SIC 4931 - Electric And Other Services Combined

SIC 4931 - Electric And Other Services Combined

SIC 49 - Electric, Gas, And Sanitary Services
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 493 - Combination Electric And Gas, And Other Utility Services
  SIC 491 - Electric Services SIC 492 - Gas Production And Distribution SIC 493 - Combination Electric And Gas, And Other Utility Services SIC 494 - Water Supply SIC 495 - Sanitary Services SIC 496 - Steam And Air-conditioning Supply SIC 497 - Irrigation Systems
  - SIC 4931 - Electric And Other Services Combined
    SIC 4931 - Electric And Other Services Combined SIC 4932 - Gas and Other Services Combined SIC 4939 - Combination Utilities, Not Elsewhere Classified

Establishments primarily engaged in providing electric services in combination with other services, with electric services as the major part though less than 95 percent of the total.

Industry trends:

As of the latest observations in 2023, SIC 4931, which pertains to Electric and Other Services Combined, is experiencing notable qualitative trends driven by technological advancements, policy shifts, and evolving consumer preferences. One prominent trend is the integration of renewable energy sources within traditional electric utilities. Companies are increasingly incorporating wind, solar, and geothermal energy into their power generation mix to meet regulatory requirements and consumer demand for sustainable energy solutions.

Digital transformation is another significant trend, with utilities leveraging smart grid technologies, Internet of Things (IoT) devices, and data analytics to enhance operational efficiency and improve service reliability. These technologies are enabling utilities to better manage peak demand, enhance grid resilience, and provide more personalized service offerings to consumers.

Moreover, there is a growing emphasis on energy storage solutions. Utilities are investing in battery storage technologies to ensure a stable energy supply and to capitalize on the intermittent nature of renewable energy sources. This trend is expected to intensify as storage costs continue to decline and technologies become more advanced.

Looking ahead, forecasts suggest an ongoing shift towards decentralized energy systems, where consumers become active participants through distributed energy resources like rooftop solar panels and battery storage. The relationship between utilities and consumers is expected to evolve, with more collaborative and integrated approaches to energy management. Regulatory frameworks are also anticipated to adapt, supporting innovation and facilitating the transition to a more sustainable and efficient energy landscape.

This industry is comprised of:

Electric and other services combined (electric less than 95 percent of

Explore related industries:

SIC 3691 - Storage Batteries SIC 4822 - Telegraph And Other Message Communications SIC 5063 - Electrical Apparatus And Equipment, Wiring Supplies, And Construction Materials

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