Average Price: Electricity per Kilowatt-Hour in the Midwest Census Region - Urban
APU020072610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
11.73%
Date Range
11/1/1978 - 6/1/2025
Summary
This economic trend measures the average price of electricity per kilowatt-hour in the Midwest Census Region of the United States, specifically for urban areas. This metric is important for understanding energy costs and consumption patterns in a key geographic region.
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 Midwest Census Region - Urban trend provides insights into the typical price paid by consumers for electricity in urban areas of the Midwest. This data is used by policymakers, utility companies, and economists to analyze regional energy markets and inform decisions around energy policy, pricing, and infrastructure.
Methodology
The data is collected by the U.S. Energy Information Administration through surveys of electric utility companies.
Historical Context
This trend is widely used to assess the state of energy markets and inform policies related to energy production, distribution, and consumption.
Key Facts
- The Midwest region includes 12 states in the central United States.
- Electricity prices can vary significantly by region due to factors like fuel sources and distribution costs.
- Urban areas generally have higher electricity prices than rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of electricity per kilowatt-hour paid by consumers in urban areas of the Midwest Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into regional energy costs, which are crucial for understanding consumer and business energy expenditures, as well as informing energy policy and market decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through surveys of electric utility companies.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, utility companies, and economists to analyze regional energy markets and inform decisions around energy policy, pricing, and infrastructure.
Q: Are there update delays or limitations?
A: The data is typically updated monthly, but there may be some delay in reporting. The trend only covers urban areas in the Midwest region, so it does not represent nationwide or rural electricity prices.
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Citation
U.S. Federal Reserve, Average Price: Electricity per Kilowatt-Hour in the Midwest Census Region - Urban (APU020072610), retrieved from FRED.