Average Price: Electricity per Kilowatt-Hour in City - Size Class C
This dataset tracks average price: electricity per kilowatt-hour in city - size class c over time.
Latest Value
0.07
Year-over-Year Change
-7.79%
Date Range
1/1/1987 - 12/1/1997
Summary
This economic trend measures the average price of electricity per kilowatt-hour for commercial consumers in U.S. cities. It is a key indicator for understanding commercial energy costs and the state of the electricity market.
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 City - Size Class C measures the average retail price paid by commercial customers for electricity in major U.S. cities. This data helps analysts and policymakers track trends in commercial electricity rates and assess the underlying forces driving changes in energy costs.
Methodology
The data is collected through surveys of electric utilities and compiled by the U.S. Energy Information Administration.
Historical Context
This electricity price metric is used by government agencies, businesses, and market analysts to evaluate the commercial energy landscape and inform economic and policy decisions.
Key Facts
- Prices are reported for cities with populations over 100,000.
- Rates are based on commercial customers using between 25,000-500,000 kWh per month.
- Prices are monitored monthly and reported quarterly.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average retail price of electricity per kilowatt-hour paid by commercial customers in major U.S. cities.
Q: Why is this trend relevant for users or analysts?
A: Commercial electricity prices are a key indicator of energy costs for businesses and inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through utility surveys by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Governments, businesses, and analysts use this metric to evaluate the commercial energy landscape and inform decisions.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a lag, and only covers cities with populations over 100,000.
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Citation
U.S. Energy Information Administration, Average Price: Electricity per Kilowatt-Hour in City - Size Class C (APUC00072610), retrieved from FRED.