Wholesale electricity price (USD / MWh) - United States (Southwest index Palo Verde) - EIA STEO - Monthly
This series is part of the dataset: US Wholesale electrictiy prices (monthly)
Download Full Dataset (.xlsx)Latest updates. At the Palo Verde hub, the average wholesale electricity price was 35.94 USD / MWh in September 2025, versus 42.56 in the previous month. This constitutes a decrease of 15.55 percent.
Sample. There are 204 observations in the monthly series presented in the graph above. The series covers the time period extending from January 2010 to December 2026.
History. Take a look at a few descriptive statistics we calculated on the entire sample: the price averaged 40.92 USD / MWh; it hit a trough of 0.83 in April 2024; it hit a peak of 252.42 in December 2022.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2026-10-31 | 37.06592 |
| 2026-11-30 | 41.64834 |
| 2026-12-31 | 48.79298 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Wholesale electricity price |
| Country or region | US - Southwest index Palo Verde |
| 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.