Average Price: Electricity per Kilowatt-Hour in Dallas-Fort Worth-Arlington, TX (CBSA)
APUS37A72610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
7.69%
Date Range
11/1/1978 - 12/1/2024
Summary
This economic trend measures the average price of electricity per kilowatt-hour in the Dallas-Fort Worth-Arlington, TX metropolitan area. It is an important indicator for understanding regional energy costs and consumer spending.
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 Dallas-Fort Worth-Arlington, TX (CBSA) series tracks the average retail price of electricity for residential, commercial, and industrial consumers in this major Texas metropolitan region. This metric is used by economists, policymakers, and energy analysts to assess trends in regional power prices and energy affordability.
Methodology
The data is collected through surveys of electricity providers and utilities.
Historical Context
This economic indicator provides valuable context for evaluating the state of the regional economy and consumer spending patterns.
Key Facts
- Dallas-Fort Worth has a population of over 7.6 million.
- Electricity accounts for a significant portion of household budgets.
- Regional power prices can impact business operating costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of electricity per kilowatt-hour for residential, commercial, and industrial consumers in the Dallas-Fort Worth-Arlington, TX metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding regional energy costs and their impact on consumer spending, business operations, and the overall economic conditions in the Dallas-Fort Worth metropolitan region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of electricity providers and utilities in the Dallas-Fort Worth-Arlington, TX metropolitan area.
Q: How is this trend used in economic policy?
A: This economic indicator provides valuable context for policymakers, economists, and energy analysts to evaluate regional energy affordability and its implications for consumer spending and business competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a short delay, and may not capture immediate changes in regional electricity prices.
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Citation
U.S. Federal Reserve, Average Price: Electricity per Kilowatt-Hour in Dallas-Fort Worth-Arlington, TX (CBSA) (APUS37A72610), retrieved from FRED.