Wholesale electricity price (USD / MWh) - United States (PJM Western hub) - EIA STEO - Monthly
This series is part of the dataset: US Wholesale electricity prices (monthly)
Download Full Dataset (.xlsx)Latest updates. At the PJM Western hub, the average wholesale price of electricity was 81.86 USD / MWh in February 2026, compared to 171.68 in January 2026. This represents a reduction of 52.32 percent.
Sample. There are 216 data points in the monthly time series presented in the figure above. The time range covered by the series stretches from January 2010 to December 2027.
History. Here’s a quick look at some summary statistics computed on the entire sample: the price averaged 46.59 USD / MWh; it registered a minimum of 19.29 in April 2020; it reached its highest level of 171.68 in January 2026.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2027-10-31 | 56.24484 |
| 2027-11-30 | 58.7457 |
| 2027-12-31 | 70.767 |
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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.