Distribution and large power transformer prices, 2020 to 2024: CRS
CRS, using BLS data, said distribution and large power transformer prices rose roughly 40% from 2020 to 2024 after inflation.
+40% Prices · 2024 · US
“The price of transformers has increased sharply since 2020, with data from the Bureau of Labor Statistics reporting the prices of both distribution transformers and large power transformers to have risen roughly 40% from 2020 to 2024 (inflation-adjusted).”
The record
Field definitions- Class on the chart
- Price indexes and price changes
- Transformer type
- Distribution and large power transformers
- Size / class
- All
- Region
- US
- As of
- 2024
- Price change
- 40%
- Price baseline
- vs 2020, inflation-adjusted
- Publisher
- Congressional Research Service (BLS data)
- Source type
- government
- Verified
Sources
Cite this reading
Congressional Research Service (BLS data), as compiled by Transformer Lead Times: “Distribution and large power transformer prices, 2020 to 2024: CRS”. https://transformerleadtimes.com/crs-bls-price-2020-2024/ (accessed 9 Nov 2026).
CC BY 4.0. Quote the original publisher; link this page for the dated record.
Other prices readings
Filter the table| As of | Reading | Publisher |
|---|---|---|
| Sep 2026 | +85.9% Electric power and specialty transformers (industry PPI) | US Bureau of Labor Statistics (via FRED) |
| Jan 2026 | +78.4% Electric power and specialty transformers (industry PPI) | US Bureau of Labor Statistics (via FRED) |
| Mar 2025 | +21% Pole-mounted distribution transformer | Wood Mackenzie |
| Mar 2025 | +15% Power transformer | Wood Mackenzie |
| Mar 2025 | +18% Pad-mount single-phase distribution transformer | Wood Mackenzie |
| Mar 2025 | +8% Substation transformer | Wood Mackenzie |
| Mar 2025 | +20% Pad-mount three-phase distribution transformer | Wood Mackenzie |
| Jan 2025 | +69.6% Electric power and specialty transformers (industry PPI) | US Bureau of Labor Statistics (via FRED) |