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Wholesale electricity price (USD / MWh) - United States (PJM Western hub) - EIA STEO - Monthly

Latest updates. At the PJM Western hub, the average wholesale electricity price was 44.47 USD / MWh in September 2025, compared to 44.88 in August 2025. This represents a decrease of 0.91 percent.

Sample. In the monthly time series shown in the chart, there are 204 observations in total. The time span covered by the series extends from January 2010 to December 2026.

History. Here's a snapshot of a few simple statistics calculated on the full sample: the price reached a maximum of 168.89 USD / MWh in January 2014; it hit a minimum of 19.29 in April 2020; it had a mean value of 45.40.

Latest values

Date Value - USD / MWh
2026-10-31 48.01755
2026-11-30 53.07614
2026-12-31 64.36087

Suggestion. To simplify exploration, we categorize time series into data sets and worksheets. By moving down the page, you will discover how we arranged further information related to the statistics found here.

Not for investment purposes. Time series and other data shared on this web site are not not supposed to be used for investment purposes or as a basis for making financial decisions. Users should consult professional advice and perform their own independent due diligence before making any financial commitments.

Series Metadata

Field Value
Description Wholesale electricity price
Country or region US - PJM Western hub
Economic concept Price
Data type Nominal price
Seasonally adjusted No
Frequency Monthly
Unit USD / MWh
Source U.S. Energy Information Administration (EIA)
Source type Government Agency
Data licence Public domain
Measure type Level

Series in the same data set

Discover the other time series included in this data set.

Wholesale prices

Series Name Observations Start Date End Date
Wholesale electricity price (USD / MWh) - United States (ERCOT North hub) - EIA STEO - Monthly 193 2010-12-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (CAISO SP15 zone) - EIA STEO - Monthly 204 2010-01-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (ISO-NE Internal hub) - EIA STEO - Monthly 204 2010-01-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (NYISO Hudson Valley zone) - EIA STEO - Monthly 204 2010-01-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (PJM Western hub) - EIA STEO - Monthly 204 2010-01-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (Midcontinent ISO Illinois hub) - EIA STEO - Monthly 204 2010-01-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (SPP ISO South hub) - EIA STEO - Monthly 154 2014-03-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (SERC index Into Southern) - EIA STEO - Monthly 204 2010-01-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (FRCC index Florida Reliability) - EIA STEO - Monthly 204 2010-01-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (Northwest index Mid-Columbia) - EIA STEO - Monthly 204 2010-01-31 2026-12-31
Wholesale electricity price (USD / MWh) - United States (Southwest index Palo Verde) - EIA STEO - Monthly 204 2010-01-31 2026-12-31