Average Price: Electricity per 500 Kilowatt-Hour in the Northeast Census Region - Size Class B
APUB10072621 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.58
Year-over-Year Change
-0.21%
Date Range
11/1/1978 - 12/1/1997
Summary
This economic trend measures the average price of electricity per 500 kilowatt-hour in the Northeast Census Region for commercial customers in size class B. It provides insight into energy costs for businesses in the Northeast.
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 the Northeast Census Region - Size Class B trend tracks the average retail price paid by commercial customers in size class B within the Northeast Census Region. This metric is used by policymakers and analysts to monitor energy costs and evaluate regional electricity market dynamics.
Methodology
The data is collected by the U.S. Energy Information Administration through surveys of electric utilities.
Historical Context
This trend is relevant for understanding the business environment and cost of operations in the Northeast region.
Key Facts
- The Northeast Census Region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Size class B refers to commercial customers with monthly consumption between 50 and 999 megawatt-hours.
- Electricity prices can impact business costs and investment decisions in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of electricity per 500 kilowatt-hour for commercial customers in size class B within the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into energy costs for businesses in the Northeast, which is relevant for understanding the regional economic environment and cost of operations.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through surveys of electric utilities.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to monitor energy costs and evaluate regional electricity market dynamics in the Northeast.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month lag.
Related Trends
Average Price: Potatoes, Frozen, French Fried (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100714111
Average Price: Ham, Rump or Shank Half, Bone-In, Smoked (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100704311
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Cleveland-Akron, OH (CBSA)
APUA21074714
Global price of Swine
PPORKUSDM
Average Price: Lettuce, Romaine (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300FL2101
Global price of Agr. Raw Material Index
PRAWMINDEXM
Citation
U.S. Federal Reserve, Average Price: Electricity per 500 Kilowatt-Hour in the Northeast Census Region - Size Class B (APUB10072621), retrieved from FRED.