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 stood at 46.80 USD / MWh in January 2026, versus 43.77 in December 2025. This marks a rise of 6.92 percent.
Sample. In the monthly time series presented in the plot, there are 204 observations. The series covers the time period extending from January 2010 to December 2026.
History. Here's a glimpse of some descriptive statistics calculated on the entire sample: the price hit a trough of 0.83 USD / MWh in April 2024; it reached its highest level of 252.42 in December 2022; it had a mean value of 40.90.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2026-10-31 | 37.06592 |
| 2026-11-30 | 41.64834 |
| 2026-12-31 | 48.79298 |
Heads-up. We categorize series into worksheets and datasets to make your life easier. Scrolling downwards, you will find how we structured further material related to the statistics provided here.
Not for investment purposes. Financial data collected and published on this web site are not meant for investment purposes or as a basis for making financial decisions. Users should obtain expert advice and do their own independent due diligence before making any financial commitments.
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.