Average Price: Electricity per Kilowatt-Hour in the Pacific Census Division
APU049072610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.25
Year-over-Year Change
6.01%
Date Range
1/1/2018 - 12/1/2024
Summary
The 'Average Price: Electricity per Kilowatt-Hour in the Pacific Census Division' tracks the average retail price of electricity per kilowatt-hour for residential, commercial, and industrial consumers in the Pacific region of the United States.
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
This economic indicator provides insights into electricity costs and trends for the Pacific states, which can inform policy decisions, investment strategies, and consumer behavior.
Methodology
The data is collected through surveys of electric utility companies by the U.S. Energy Information Administration.
Historical Context
Electricity prices are a key factor in regional economic competitiveness and household budgets.
Key Facts
- The Pacific region includes California, Oregon, Washington, Alaska, and Hawaii.
- Electricity prices can impact business investment and household budgets.
- Trends in this indicator reflect changes in fuel costs, infrastructure, and policy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the average retail price of electricity per kilowatt-hour for residential, commercial, and industrial consumers in the Pacific region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Electricity prices are a key factor in regional economic competitiveness and household budgets, so this indicator provides important insights for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of electric utility companies by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Trends in this indicator can inform energy policy, infrastructure investment, and programs to support affordable electricity access for households and businesses.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be a lag of several weeks between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Average Price: Electricity per Kilowatt-Hour in the Pacific Census Division (APU049072610), retrieved from FRED.