Wholesale Electricity Prices By State

In the northwestern united states constraints on a transnational natural gas pipeline system resulted in higher wholesale electricity prices in the region in february.

Wholesale electricity prices by state.

Trends observations from state data. Retailers don t set prices arbitrarily however. The wholesale price is what electricity providers pay generators for. In 2002 the state deregulated the market in order to decrease prices for residential and commercial consumers.

December 2017 was the last month we included this data on this webpage. Texas electricity rates chart. This policy change means that there are dozens of competitors for customers rather than a single provider. On an annual average basis wholesale electricity prices in these markets were lower than in 2018 and monthly average prices remained lower than 75 mwh except in ercot.

Electricity usage charges are deregulated in most states which means energy companies like agl and origin set the per kwh price for electricity. You can find daily wholesale natural gas and other spot prices at major trading hubs under the today in energy prices tab. Wholesale electricity and natural gas market data. This page provides the key data series for these markets.

The data is averaged by month rather than by day and covers around a ten year time period. Daily wholesale and retail prices for various energy products are shown below including spot prices and select futures prices at national or regional levels. From this data we can see the state with the lowest electric rates is louisiana. Select a year 2017 2016 2015 2014 2013 2012 2011 2011 zip 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 1999 1998 1996 name.

Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour. This chart shows the price of electricity on the wholesale market in gb for delivery the next working day at a constant baseload rate. In 2018 ice stopped providing natural gas price index data to eia. Unlike other states texas has a deregulated energy market.

The aer monitors the performance of wholesale electricity and gas markets and publishes data from that monitoring in reports such as the annual state of the energy market and wholesale markets quarterly report. Outcomes for the 2019 20 financial year have been. Prices are updated each weekday excluding federal holidays typically between 7 30 and 8 30 a m. On average homes in louisiana pay 9 53 cents per kwh.

This page is meant to provide a snapshot of selected daily prices only. The charts and tables as well as underlying data which can be downloaded. Archived state electricity profiles choose a year.