Average Price: Electricity per 500 Kilowatt-Hour in San Francisco-Oakland-Hayward, CA (CBSA)
APUS49B72621 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.69
Year-over-Year Change
3.23%
Date Range
11/1/1978 - 6/1/2013
Summary
This economic trend measures the average price of electricity per 500 kilowatt-hour in the San Francisco-Oakland-Hayward, CA metropolitan area. It provides valuable insights into energy costs and consumer spending 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 500 Kilowatt-Hour in San Francisco-Oakland-Hayward, CA (CBSA) trend tracks the average retail price of electricity for residential consumers in the San Francisco Bay Area. It is an important indicator of energy affordability and a key metric for policymakers and analysts studying regional energy markets.
Methodology
The data is collected through surveys of electric utilities serving the San Francisco-Oakland-Hayward, CA metropolitan area.
Historical Context
This trend is closely monitored by energy regulators, utility companies, and economic researchers to assess the impact of energy prices on consumer budgets and the broader economy.
Key Facts
- Electricity prices in San Francisco are among the highest in the U.S.
- Prices have risen steadily over the past decade due to infrastructure upgrades and renewable energy mandates.
- Electricity accounts for a significant portion of household budgets in the Bay Area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of electricity per 500 kilowatt-hour for residential consumers in the San Francisco-Oakland-Hayward, CA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into energy affordability and the cost of living in the San Francisco Bay Area, which is crucial for policymakers, utility companies, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of electric utilities serving the San Francisco-Oakland-Hayward, CA metropolitan area.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by energy regulators and policymakers to assess the impact of energy prices on consumer budgets and the broader regional economy.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a slight delay in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, Average Price: Electricity per 500 Kilowatt-Hour in San Francisco-Oakland-Hayward, CA (CBSA) (APUS49B72621), retrieved from FRED.