Average Price: Electricity per Kilowatt-Hour in the South Census Region - Size Class B
APUB30072610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
2.60%
Date Range
11/1/1978 - 12/1/1997
Summary
This economic trend measures the average price of electricity per kilowatt-hour in the South Census Region for size class B consumers. Understanding electricity prices is crucial for policymakers and businesses to analyze energy costs and consumption patterns.
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 the South Census Region - Size Class B tracks the average retail price of electricity sold to commercial and industrial consumers in size class B (defined as sales of 1 to 999 megawatthours per month) within the South Census Region. This data is used to monitor regional electricity market conditions and support energy policy decisions.
Methodology
The data is collected through surveys conducted by the U.S. Energy Information Administration.
Historical Context
Electricity prices influence business and consumer spending decisions, making this trend relevant for economic and policy analysis.
Key Facts
- The South Census Region includes 16 states and the District of Columbia.
- Size class B covers commercial and industrial consumers using 1 to 999 megawatthours per month.
- Electricity prices can impact business investment and consumer spending decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of electricity per kilowatt-hour sold to commercial and industrial consumers in size class B within the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: Electricity prices are a key input for businesses and households, making this trend important for analyzing energy costs, consumption patterns, and the broader economic impact of energy markets.
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 and analysts use this data to monitor regional electricity market conditions and support energy policy decisions that can impact business investment and consumer spending.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delays in the release of the latest information.
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Citation
U.S. Federal Reserve, Average Price: Electricity per Kilowatt-Hour in the South Census Region - Size Class B (APUB30072610), retrieved from FRED.