Average Price: Electricity per 500 Kilowatt-Hour in Urban Alaska (CBSA)
APUS49G72621 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.99
Year-over-Year Change
13.95%
Date Range
11/1/1978 - 12/1/1986
Summary
This economic trend measures the average price of electricity per 500 kilowatt-hours for urban consumers in Alaska. It is a key indicator of energy costs and infrastructure in the state.
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 Urban Alaska (CBSA) series tracks the retail electricity rates paid by residential and commercial customers in urban areas of Alaska. This metric is used by policymakers, analysts, and utilities to monitor energy affordability and infrastructure investment needs.
Methodology
The data is collected through surveys of electricity providers in urban Alaska communities.
Historical Context
Electricity prices in Alaska are an important consideration for economic and energy policy decisions.
Key Facts
- Alaska has the highest electricity prices in the U.S.
- Electricity prices in urban Alaska are over 3 times the national average
- Electricity costs are a major factor in the high cost of living in Alaska
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of electricity per 500 kilowatt-hours for residential and commercial customers in urban areas of Alaska.
Q: Why is this trend relevant for users or analysts?
A: Electricity prices are a key factor in the cost of living and doing business in Alaska, so this metric is closely monitored by policymakers, utilities, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of electricity providers in urban Alaska communities.
Q: How is this trend used in economic policy?
A: Electricity prices in Alaska are an important consideration for policymakers when evaluating energy infrastructure investments, cost-of-living adjustments, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely information on electricity price trends in urban Alaska.
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Citation
U.S. Federal Reserve, Average Price: Electricity per 500 Kilowatt-Hour in Urban Alaska (CBSA) (APUS49G72621), retrieved from FRED.