Average Price: Electricity per Kilowatt-Hour in Washington-Arlington-Alexandria, DC-VA-MD-WV (CBSA)
APUS35A72610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.17
Year-over-Year Change
5.10%
Date Range
11/1/1978 - 12/1/2024
Summary
This trend measures the average price of electricity per kilowatt-hour in the Washington-Arlington-Alexandria metropolitan area. It provides important data for understanding regional 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 Washington-Arlington-Alexandria, DC-VA-MD-WV (CBSA) tracks the average retail price of electricity for residential, commercial, and industrial customers in this major metropolitan region. This metric is widely used by policymakers, utilities, and researchers to analyze regional energy markets.
Methodology
The data is collected through surveys of electric power providers in the region.
Historical Context
Electricity price trends help inform energy policy decisions and investment strategies.
Key Facts
- The average electricity price in Washington-Arlington-Alexandria was $0.12 per kWh in 2021.
- Electricity prices in this region have risen by 20% over the past decade.
- Commercial customers pay the highest average electricity rates in this metropolitan area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of electricity per kilowatt-hour for residential, commercial, and industrial customers in the Washington-Arlington-Alexandria metropolitan region.
Q: Why is this trend relevant for users or analysts?
A: Electricity price data is crucial for understanding regional energy costs, consumption patterns, and the competitiveness of local markets. This information informs energy policy decisions and business investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of electric power providers operating in the Washington-Arlington-Alexandria metropolitan area.
Q: How is this trend used in economic policy?
A: Electricity price trends help policymakers, utilities, and researchers analyze regional energy markets and inform decisions around energy policy, infrastructure investment, and economic development.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 2-month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, Average Price: Electricity per Kilowatt-Hour in Washington-Arlington-Alexandria, DC-VA-MD-WV (CBSA) (APUS35A72610), retrieved from FRED.