Average Price: Electricity per Kilowatt-Hour in City - Size Class B
APUB00072610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
1.14%
Date Range
1/1/1987 - 12/1/1997
Summary
This economic trend measures the average price per kilowatt-hour of electricity paid by residential consumers in U.S. cities with populations between 25,000 and 200,000 people. It provides important data for policymakers and analysts to understand household energy costs and local energy market 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: Electricity per Kilowatt-Hour in City - Size Class B series tracks the average residential electricity prices in mid-sized U.S. cities. This data is used to analyze regional and national trends in household energy expenditures, which is crucial for informing energy and consumer policy.
Methodology
The data is collected through surveys of electric utilities and compiled by the U.S. Energy Information Administration.
Historical Context
This electricity price trend is closely monitored by government agencies, industry analysts, and consumer advocates to assess the affordability of home energy costs.
Key Facts
- The average residential electricity price in mid-sized U.S. cities was $0.1325 per kWh as of the latest data.
- Electricity prices can vary significantly by region due to factors like fuel mix, infrastructure, and regulatory environment.
- Residential electricity accounts for about 38% of total U.S. electricity consumption.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price per kilowatt-hour that residential consumers in mid-sized U.S. cities pay for electricity.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding household energy costs and regional variations in electricity affordability, which informs policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of electric utilities and compiled by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This electricity price trend is closely monitored by government agencies, industry analysts, and consumer advocates to assess the affordability of home energy costs and inform relevant policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month lag, and may not fully capture all regional variations in electricity pricing.
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Citation
U.S. Energy Information Administration, Average Price: Electricity per Kilowatt-Hour in City - Size Class B (APUB00072610), retrieved from FRED.