Distribution Equipment Leads EPI Declines for February

While most of the declines in EM’s Electrical Price Index (EPI) for February were fairly small, the Switchgear (-1.3%); Panelboards & Switches (-1.3%); Fasteners (-1.3%); and Air Conditioners (-2.1%) showed a change of more than 1% for the month. Power Wire & Cable (+1%) was the only category showing an increase in February. Lamps (+7.8%) and Residential Lighting (+7.1%) had the largest year-over-year overall increases.