No, quite the opposite. The general consensus is that it’s underutilized.
Electroconvulsive Therapy (ECT) is a safe and effective evidence-based medical treatment. ECT is endorsed by the APA when administered by properly qualified psychiatrists for appropriately selected patients.
https://www.psychiatry.org/File%20Library/About-APA/Organiza...
You’re welcome to disagree with the APA, or point out that the APA only represents a small fraction of psychologists, or question whether this is really a consensus opinion.
The APA isn’t god.
But I don’t think you can say things like “No, not even close” and expect to be taken seriously.