Average Price: Electricity per 500 Kilowatt-Hour in the Northeast Census Region - Size Class D
APUD10072621 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.34
Year-over-Year Change
8.94%
Date Range
11/1/1978 - 12/1/1986
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 D. It provides valuable insights 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 D trend represents the average price paid by commercial customers in the Northeast for a fixed quantity of electricity. This metric is closely tracked by economists and policymakers to assess energy affordability and its impact on regional business activities.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration through surveys of electric utilities.
Historical Context
This trend is widely used to inform energy and economic policies, as well as business decisions, in the Northeast region.
Key Facts
- The Northeast Census Region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Size Class D represents commercial customers with peak load between 501-2,000 kW.
- Electricity prices can significantly impact business operations and profitability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of electricity per 500 kilowatt-hour for commercial customers in size class D within the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into energy affordability and its impact on business activities in the Northeast, which is crucial information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated 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 widely used to inform energy and economic policies, as well as business decisions, in the Northeast region.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Average Price: Electricity per 500 Kilowatt-Hour in the Northeast Census Region - Size Class D (APUD10072621), retrieved from FRED.