Average Price: Electricity per 500 Kilowatt-Hour in the South Census Region - Size Class D
APUD30072621 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.84
Year-over-Year Change
3.59%
Date Range
11/1/1978 - 6/1/2013
Summary
This economic trend measures the average price of electricity per 500 kilowatt-hour in the South Census Region for commercial consumers in Size Class D, providing insights into regional energy costs.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Average Price: Electricity per 500 Kilowatt-Hour in the South Census Region - Size Class D tracks the retail price of electricity for commercial customers in the South who consume between 250 and 500 megawatt-hours annually. This metric is a key indicator of regional energy market conditions and can inform policy decisions related to commercial energy costs.
Methodology
The data is collected through surveys conducted by the U.S. Energy Information Administration.
Historical Context
This trend is used by policymakers, economists, and market analysts to assess the state of commercial electricity markets and inform energy policy decisions.
Key Facts
- The South Census Region includes Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.
- Size Class D refers to commercial consumers using between 250 and 500 megawatt-hours of electricity annually.
- Electricity prices can impact the operating costs and competitiveness of businesses in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of electricity per 500 kilowatt-hour for commercial consumers in the South Census Region, specifically for those in Size Class D (250-500 MWh annual usage).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into regional energy market conditions and commercial electricity costs, which can inform policy decisions and business strategy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this trend to assess the state of commercial electricity markets and inform energy policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month lag.
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Citation
U.S. Federal Reserve, Average Price: Electricity per 500 Kilowatt-Hour in the South Census Region - Size Class D (APUD30072621), retrieved from FRED.