Distribution transformers, early 2024: NREL

NREL found utilities facing distribution transformer lead times of up to two years, four times pre-2022 levels, with prices up four to nine times in three years.

Up to two years (4x pre-2022) Distribution, all · Feb 2024 · US

“The study found that utilities are experiencing extended lead times for transformers of up to two years (a fourfold increase on pre-2022 lead times) and reporting price increases by as much as four to nine times in the past 3 years.”
Class on the chart
Distribution transformers, all types including pole-mount
Transformer type
Distribution transformer
Size / class
Distribution
Region
US
As of
2024-02
Lead time as stated
Up to two years (4x pre-2022)
Price baseline
Prices up 4x to 9x over the prior 3 years (multiplier, not percent)
Publisher
NREL (via pv magazine USA)
Original source
NREL, Major Drivers of Long-Term Distribution Transformer Demand (2024)
Source type
government-lab
Verified

Sources

  1. A look at the great transformer shortage affecting U.S. utilities (pv magazine USA, 7 Mar 2024) accessed 2026-11-09
  2. NREL: Major Drivers of Long-Term Distribution Transformer Demand (2024) accessed 2026-11-09

Cite this reading

NREL (via pv magazine USA), as compiled by Transformer Lead Times: “Distribution transformers, early 2024: NREL”. https://transformerleadtimes.com/nrel-distribution-2024/ (accessed 9 Nov 2026).

CC BY 4.0. Quote the original publisher; link this page for the dated record.

Other distribution, all readings

Filter the table
As ofReadingPublisher
Feb 2024 As long as two years for single- and three-phase pad-mount units Pad-mounted distribution transformer Latitude Media (ERMCO CEO Tim Mills)
2024 Over two years (vs three months in 2018) Distribution transformer American Public Power Association
2023 12 months or more (vs three months in 2018) Distribution transformer American Public Power Association
2022 About 12 months average; some quotes over three years; +429% vs pre-2021 Distribution transformer American Public Power Association
2020 About two to three months pre-2021 Distribution transformer American Public Power Association
2018 12–14 weeks Distribution transformer Latitude Media (Catalyst podcast, ERMCO CEO Tim Mills)