Hobart — Electric appliance prices jumped in 2017 to a record high in the United States, as sales of consumer electronics surged by 70% to nearly $1 billion.
The annual report of the Electric Appliance Sales and Manufacturers Association (EASMA) found that in the 12 months ending Dec. 31, 2017, there were an estimated 7.9 million electrical appliances sold.
That is up from 5.3 million the previous year and a 17% increase over 2016.
The industry also added another 1.9 billion consumer-powered appliances in 2017.
Sales of consumer-connected appliances increased by about 2.5% to $4.1 billion, according to the EASMA.
The year’s top-selling appliance was the SmartHome Powerwall, which sells for $10,000 and includes an inverter and power control for $5,000.
“This year, we see strong consumer demand for more electric appliances,” said Michael D. Rhein, president and CEO of EASM, which represents more than 400 manufacturers.
“We have an opportunity to continue our upward momentum by providing consumers with a range of electric appliances that are compatible with the latest in technology.”
The latest numbers are for 2017, which is the first year that sales of smartwalls have grown, the Easma report said.
A similar jump in sales was seen for appliances that use solar energy to control and monitor air quality.
The EASma report also showed a slight uptick in sales of commercial-scale electric and home-automation devices in 2017 with 2.3% and 2.2% increases, respectively.
EASMM reported that there were 1.7 million electric appliances sold in the U.S. in 2017 and the number is expected to continue to rise this year.
The report showed that electric appliances made up about 47% of all residential-electrical sales in 2017 compared with 40% in 2016.
However, they accounted for only 11% of the total sales.
Sales were up in the industrial, commercial, and transportation industries, with 6.9% and 5.5%, respectively.