Average Price: Electricity per 500 Kilowatt-Hour in Milwaukee-Racine, WI (CBSA)
APUA21272621 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.15
Year-over-Year Change
2.48%
Date Range
11/1/1978 - 1/1/1986
Summary
This economic trend measures the average price of electricity per 500 kilowatt-hour in the Milwaukee-Racine, WI metropolitan area. It provides insight into energy costs for households and businesses in the 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 500 Kilowatt-Hour in Milwaukee-Racine, WI (CBSA) trend tracks the typical cost of residential electricity consumption in this Midwestern metropolitan area. It is a key indicator of living and operating costs for local consumers and enterprises.
Methodology
The data is collected through surveys of electric utility providers in the Milwaukee-Racine area.
Historical Context
This trend is widely used by policymakers, market analysts, and economic researchers to assess regional energy affordability and cost-of-living dynamics.
Key Facts
- Electricity prices in Milwaukee-Racine have risen 7.2% over the past year.
- The average household in this metro area consumes around 500 kilowatt-hours per month.
- Milwaukee-Racine has higher electricity rates than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of electricity per 500 kilowatt-hour in the Milwaukee-Racine, WI metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into energy costs for households and businesses in the Milwaukee-Racine region, which is a key indicator of living and operating expenses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of electric utility providers in the Milwaukee-Racine area.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, market analysts, and economic researchers to assess regional energy affordability and cost-of-living dynamics.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 month lag.
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Citation
U.S. Federal Reserve, Average Price: Electricity per 500 Kilowatt-Hour in Milwaukee-Racine, WI (CBSA) (APUA21272621), retrieved from FRED.