Average Price: Electricity per Kilowatt-Hour in the Northeast Census Region - Size Class B/C
APUN10072610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.23
Year-over-Year Change
9.09%
Date Range
1/1/1998 - 12/1/2024
Summary
This trend measures the average price of electricity per kilowatt-hour in the Northeast Census Region for commercial and industrial customers (size class B/C). It is a key metric for understanding regional energy costs and utility pricing dynamics.
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 of electricity per kilowatt-hour provides insights into the electricity rates paid by commercial and industrial consumers in the Northeast. This data series is used by policymakers, analysts, and businesses to monitor regional energy market conditions and price trends.
Methodology
The data is collected and published monthly by the U.S. Energy Information Administration.
Historical Context
This trend is relevant for assessing the business and policy environment in the Northeast, as electricity costs significantly impact regional economic competitiveness.
Key Facts
- Electricity prices in the Northeast are typically higher than the national average.
- Size class B/C refers to commercial and industrial customers with monthly consumption over 50,000 kilowatt-hours.
- Trends in this metric can impact business investment and site selection decisions in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of electricity per kilowatt-hour paid by commercial and industrial customers in the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding regional energy costs and utility pricing dynamics, which can significantly impact business competitiveness and investment decisions in the Northeast.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor regional energy market conditions and assess the business and policy environment in the Northeast.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical 1-2 month delay between the reference period and publication.
Related Trends
Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in San Diego-Carlsbad, CA (CBSA)
APUS49E74716
PADD III (Gulf Coast District) Premium Conventional Gas Price
GASPRMCOVGCA
Average Price: Steak, T-Bone, USDA Choice, Bone-In (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200703422
Average Price: All Other Pork (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300FD4101
Average Price: Steak, T-Bone, USDA Choice, Bone-In (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300703422
Average Price: Shortening, Vegetable Oil Blends (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300716121
Citation
U.S. Energy Information Administration, Average Price: Electricity per Kilowatt-Hour in the Northeast Census Region - Size Class B/C (APUN10072610), retrieved from FRED.