Energy Cost Burden (Energy PCE as % of Disposable Income)

U.S. energy spending as a share of after-tax income

Data from

Where the Energy Cost Burden (Energy PCE as % of Disposable Income) stands now

The Energy Cost Burden (Energy PCE as % of Disposable Income) was 3.7% in the third quarter of 2026. Since 1980 it has ranged from 2.5% in the second quarter of 2020 to 8.0% in the second quarter of 1981.

How the Energy Cost Burden (Energy PCE as % of Disposable Income) has moved since 1980

Energy Cost Burden (Energy PCE as % of Disposable Income): up since 2025

Personal consumption expenditures on energy as percent of disposable personal income, quarterly, seasonally adjusted: 3.7% in the third quarter of 2026, up from 3.3% a year earlier. Quarterly, 1980–2026.

0% 2% 4% 6% 8% 10% 1980198519901995200020052010201520202026 high · Q2 1981 · 8.0% low · Q2 2020 · 2.5% 3.7% Q3 2026 0% 4% 8% 1980198519901995200020052010201520202026 8.0% 2.5% 3.7%
Source: Computed (U.S. Bureau of Economic Analysis data retrieved via FRED: DNRGRC1Q027SBEA / DSPI × 100) · Q1 1980 – Q3 2026 American Default Research · americandefault.org/indicators/the-energy-squeeze/
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What the Energy Cost Burden (Energy PCE as % of Disposable Income) measures

A higher rate is worse for households.

Energy Cost Burden (Energy PCE as % of Disposable Income) by quarter, 1980 to 2026

Every quarter since 1980, newest first. The change compares each quarter with the same quarter a year earlier.

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Quarter Rate (%) Change from a year earlier (percentage points)
Q3 2026 3.7 +0.4
Q2 2026 3.7 +0.4
Q1 2026 3.4 −0.1
Q4 2025 3.3 0.0
Q3 2025 3.3 −0.1
Q2 2025 3.3 −0.2
Q1 2025 3.5 0.0
Q4 2024 3.3 −0.3
Q3 2024 3.4 −0.3
Q2 2024 3.5 −0.1
Q1 2024 3.5 −0.3
Q4 2023 3.6 −0.6
Q3 2023 3.7 −0.6
Q2 2023 3.6 −1.1
Q1 2023 3.8 −0.5
Q4 2022 4.2 +0.3
Q3 2022 4.3 +0.7
Q2 2022 4.7 +1.3
Q1 2022 4.3 +1.4
Q4 2021 3.9 +1.0
Q3 2021 3.6 +0.7
Q2 2021 3.4 +0.9
Q1 2021 2.9 −0.4
Q4 2020 2.9 −0.7
Q3 2020 2.9 −0.8
Q2 2020 2.5 −1.2
Q1 2020 3.3 −0.4
Q4 2019 3.6 −0.3
Q3 2019 3.7 −0.3
Q2 2019 3.7 −0.3
Q1 2019 3.7 −0.3
Q4 2018 3.9 0.0
Q3 2018 4.0 +0.3
Q2 2018 4.0 +0.3
Q1 2018 4.0 +0.3
Q4 2017 3.9 +0.2
Q3 2017 3.7 0.0
Q2 2017 3.7 0.0
Q1 2017 3.7 +0.2
Q4 2016 3.7 0.0
Q3 2016 3.7 −0.4
Q2 2016 3.7 −0.4
Q1 2016 3.5 −0.7
Q4 2015 3.7 −0.9
Q3 2015 4.1 −0.7
Q2 2015 4.1 −1.0
Q1 2015 4.2 −1.1
Q4 2014 4.6 −0.6
Q3 2014 4.8 −0.3
Q2 2014 5.1 0.0
Q1 2014 5.3 −0.1
Q4 2013 5.2 +0.2
Q3 2013 5.1 −0.1
Q2 2013 5.1 0.0
Q1 2013 5.4 +0.3
Q4 2012 5.0 −0.3
Q3 2012 5.2 −0.2
Q2 2012 5.1 −0.3
Q1 2012 5.1 −0.1
Q4 2011 5.3 +0.2
Q3 2011 5.4 +0.5
Q2 2011 5.4 +0.6
Q1 2011 5.2 +0.2
Q4 2010 5.1 +0.1
Q3 2010 4.9 +0.2
Q2 2010 4.8 +0.4
Q1 2010 5.0 +0.7
Q4 2009 5.0 +0.1
Q3 2009 4.7 −1.4
Q2 2009 4.4 −1.4
Q1 2009 4.3 −1.4
Q4 2008 4.9 −0.6
Q3 2008 6.1 +0.7
Q2 2008 5.8 +0.5
Q1 2008 5.7 +0.6
Q4 2007 5.5 +0.6
Q3 2007 5.4 −0.2
Q2 2007 5.3 0.0
Q1 2007 5.1 0.0
Q4 2006 4.9 −0.5
Q3 2006 5.6 +0.2
Q2 2006 5.3 +0.5
Q1 2006 5.1 +0.4
Q4 2005 5.4 +0.7
Q3 2005 5.4 +1.0
Q2 2005 4.8 +0.4
Q1 2005 4.7 +0.3
Q4 2004 4.7 +0.5
Q3 2004 4.4 +0.2
Q2 2004 4.4 +0.3
Q1 2004 4.4 0.0
Q4 2003 4.2 +0.1
Q3 2003 4.2 +0.2
Q2 2003 4.1 +0.2
Q1 2003 4.4 +0.8
Q4 2002 4.1 +0.3
Q3 2002 4.0 −0.1
Q2 2002 3.9 −0.5
Q1 2002 3.6 −0.9
Q4 2001 3.8 −0.8
Q3 2001 4.1 −0.3
Q2 2001 4.4 +0.1
Q1 2001 4.5 +0.4
Q4 2000 4.6 +0.5
Q3 2000 4.4 +0.3
Q2 2000 4.3 +0.3
Q1 2000 4.1 +0.4
Q4 1999 4.1 +0.4
Q3 1999 4.1 +0.2
Q2 1999 4.0 0.0
Q1 1999 3.7 −0.3
Q4 1998 3.7 −0.7
Q3 1998 3.9 −0.5
Q2 1998 4.0 −0.4
Q1 1998 4.0 −0.6
Q4 1997 4.4 −0.2
Q3 1997 4.4 −0.1
Q2 1997 4.4 −0.3
Q1 1997 4.6 −0.1
Q4 1996 4.6 +0.1
Q3 1996 4.5 −0.1
Q2 1996 4.7 +0.1
Q1 1996 4.7 +0.2
Q4 1995 4.5 −0.1
Q3 1995 4.6 −0.1
Q2 1995 4.6 −0.1
Q1 1995 4.5 −0.3
Q4 1994 4.6 −0.2
Q3 1994 4.7 −0.2
Q2 1994 4.7 −0.1
Q1 1994 4.8 −0.1
Q4 1993 4.8 −0.1
Q3 1993 4.9 +0.1
Q2 1993 4.8 0.0
Q1 1993 4.9 +0.2
Q4 1992 4.9 0.0
Q3 1992 4.8 −0.2
Q2 1992 4.8 −0.3
Q1 1992 4.7 −0.4
Q4 1991 4.9 −0.6
Q3 1991 5.0 −0.2
Q2 1991 5.1 +0.1
Q1 1991 5.1 +0.1
Q4 1990 5.5 +0.3
Q3 1990 5.2 +0.1
Q2 1990 5.0 −0.3
Q1 1990 5.0 0.0
Q4 1989 5.2 +0.1
Q3 1989 5.1 0.0
Q2 1989 5.3 +0.2
Q1 1989 5.0 −0.2
Q4 1988 5.1 −0.2
Q3 1988 5.1 −0.3
Q2 1988 5.1 −0.4
Q1 1988 5.2 0.0
Q4 1987 5.3 +0.2
Q3 1987 5.4 +0.2
Q2 1987 5.5 +0.1
Q1 1987 5.2 −0.8
Q4 1986 5.1 −1.3
Q3 1986 5.2 −1.2
Q2 1986 5.4 −1.0
Q1 1986 6.0 −0.6
Q4 1985 6.4 −0.1
Q3 1985 6.4 −0.1
Q2 1985 6.4 −0.4
Q1 1985 6.6 −0.1
Q4 1984 6.5 −0.6
Q3 1984 6.5 −0.7
Q2 1984 6.8 −0.4
Q1 1984 6.7 −0.3
Q4 1983 7.1 −0.2
Q3 1983 7.2 −0.1
Q2 1983 7.2 −0.2
Q1 1983 7.0 −0.8
Q4 1982 7.3 −0.4
Q3 1982 7.3 −0.4
Q2 1982 7.4 −0.6
Q1 1982 7.8 −0.1
Q4 1981 7.7 0.0
Q3 1981 7.7 −0.1
Q2 1981 8.0 0.0
Q1 1981 7.9 0.0
Q4 1980 7.7 —
Q3 1980 7.8 —
Q2 1980 8.0 —
Q1 1980 7.9 —

Quarterly · Computed (U.S. Bureau of Economic Analysis data retrieved via FRED: DNRGRC1Q027SBEA / DSPI × 100)

Counties with the highest debt burden scores

There's no county figure for this measure, so this list uses the debt burden part of our County Distress Index.

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Questions about energy costs as a share of income

What is the energy cost burden?

It is total U.S. spending on energy as a share of disposable personal income. In the third quarter of 2026 it was 3.7%, the same as in the second quarter of 2026. Energy here means gasoline and other fuels plus electricity and natural gas.

Is this how much a typical household spends on energy?

No. It divides one national spending total by one national income total, so it is not an average household's share. Lower-income households usually spend a larger share of income on energy, and this ratio does not show that.

Is the energy share at a record?

No. The latest quarter ranks 22nd lowest of 187 quarters since 1980.

Where does this data come from?

Both parts come from the Bureau of Economic Analysis, republished on FRED: personal consumption spending on energy goods and services, and disposable personal income. A quarter's first reading arrives about a month after it ends and is revised in later BEA releases.

Cite this Energy Cost Burden (Energy PCE as % of Disposable Income): 3.7%, Q3 2026 · American Default Research, from U.S. Bureau of Economic Analysis · americandefault.org/indicators/the-energy-squeeze/

Sources and method for the Energy Cost Burden (Energy PCE as % of Disposable Income)

  • Computed (U.S. Bureau of Economic Analysis data retrieved via FRED: DNRGRC1Q027SBEA / DSPI × 100) We use the quarterly figures as published, from the first quarter of 1980 through the third quarter of 2026, with no adjustment of our own. U.S. Bureau of Economic Analysis’s report

We write with assistance from AI tools. Figures come from the data and sources named on this page.