Wholesale electricity price (USD / MWh) - United States (PJM Western hub) - EIA STEO - Monthly
This series is part of the dataset: US Wholesale electrictiy prices (monthly)
Download Full Dataset (.xlsx)Latest updates. At the PJM Western hub, the average wholesale price of electricity stood at 62.47 USD / MWh in January 2026, versus 78.54 in December 2025. This constitutes a decrease of 20.46 percent.
Sample. This monthly series has 216 data points overall. The span of time covered by the series stretches from January 2010 to December 2027.
History. Check out some summary statistics we computed on the whole sample: the price hit a maximum of 168.89 USD / MWh in January 2014; it reached its lowest level of 19.29 in April 2020; it had a mean of 45.85.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2027-10-31 | 58.32047 |
| 2027-11-30 | 61.60663 |
| 2027-12-31 | 74.04443 |
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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.