Large power transformer prices, 2025 vs 2019: Wood Mackenzie via NLR
Wood Mackenzie data cited by NLR put 2025 large power transformer prices 50% to 70% above their 2019 baseline.
+50–70% Prices · 2025 · US
“Costs have also risen sharply, with LPT prices in 2025 roughly 50% to 70% higher than their 2019 baseline (Wood Mackenzie 2025).”
The record
Field definitions- Class on the chart
- Price indexes and price changes
- Transformer type
- Large power transformer
- Size / class
- LPT
- Region
- US
- As of
- 2025
- Price change
- 50%
- Price change, high
- 70%
- Price baseline
- vs 2019
- Publisher
- Wood Mackenzie (2025), cited by the National Laboratory of the Rockies (May 2026)
- Original source
- Wood Mackenzie 2025
- Source type
- secondary
- Verified
Sources
Cite this reading
Wood Mackenzie (2025), cited by the National Laboratory of the Rockies (May 2026), as compiled by Transformer Lead Times: “Large power transformer prices, 2025 vs 2019: Wood Mackenzie via NLR”. https://transformerleadtimes.com/nlr-woodmac-lpt-price-2025/ (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) |