Average Price: Electricity per Kilowatt-Hour in San Diego-Carlsbad, CA (CBSA)
APUS49E72610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.42
Year-over-Year Change
-11.95%
Date Range
11/1/1978 - 12/1/2024
Summary
The 'Average Price: Electricity per Kilowatt-Hour in San Diego-Carlsbad, CA (CBSA)' trend measures the average retail price of electricity in the San Diego-Carlsbad metropolitan area. This metric is closely watched by policymakers and utility companies to understand regional energy costs and consumption patterns.
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 series tracks the average price paid per kilowatt-hour of electricity in the San Diego-Carlsbad, CA Core-Based Statistical Area (CBSA). The data is collected and published by the U.S. Energy Information Administration to provide detailed regional insight into electricity rates and usage.
Methodology
The data is gathered through surveys of electric utilities serving the San Diego-Carlsbad CBSA.
Historical Context
Electricity prices and trends are a key input for economic analysis, energy policy, and consumer cost-of-living assessments.
Key Facts
- Electricity prices in San Diego-Carlsbad are among the highest in California.
- Rates have risen over 30% in the past decade.
- Residential customers account for over 80% of electricity use in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of electricity per kilowatt-hour in the San Diego-Carlsbad, CA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Electricity prices are a key input for cost-of-living analysis, consumer spending patterns, and regional economic assessments.
Q: How is this data collected or calculated?
A: The data is gathered through surveys of electric utilities serving the San Diego-Carlsbad area.
Q: How is this trend used in economic policy?
A: Policymakers and utility companies use this data to understand regional energy costs and consumption, informing energy policy and infrastructure decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, and represents average prices across all customer classes in the region.
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Citation
U.S. Energy Information Administration, Average Price: Electricity per Kilowatt-Hour in San Diego-Carlsbad, CA (CBSA) (APUS49E72610), retrieved from FRED.