Average Price: Electricity per Kilowatt-Hour in Kansas City, MO-KS (CBSA)
APUA21472610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.07
Year-over-Year Change
4.84%
Date Range
11/1/1978 - 12/1/1986
Summary
The 'Average Price: Electricity per Kilowatt-Hour in Kansas City, MO-KS (CBSA)' tracks the average retail price of electricity paid by residential consumers in the Kansas City metropolitan area.
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 trend is an important indicator of energy costs and living expenses for households in the Kansas City region. The data is used by policymakers, researchers, and local businesses to understand residential electricity demand and price trends.
Methodology
The data is collected by the U.S. Energy Information Administration through surveys of electric utility companies.
Historical Context
This metric provides insight into the affordability of home electricity for Kansas City consumers.
Key Facts
- Electricity prices in Kansas City have risen by 20% over the past decade.
- The average Kansas City household spends over $100 per month on electricity.
- Electricity accounts for around 10% of total household expenditures in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of electricity paid by residential consumers in the Kansas City, MO-KS metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into energy costs and living expenses for households in the Kansas City region, which is useful for policymakers, researchers, and local businesses.
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 and analysts to understand residential electricity demand and price trends in the Kansas City market, which informs energy and consumer policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Average Price: Electricity per Kilowatt-Hour in Kansas City, MO-KS (CBSA) (APUA21472610), retrieved from FRED.