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 electricity price was 56.60 USD / MWh in March 2026, versus 81.86 in February 2026. This constitutes a reduction of 30.86 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 peek at a few simple statistics calculated on the entire sample: the price recorded its highest level of 168.89 USD / MWh in January 2014; it reached its minimum of 19.29 in April 2020; it was equal on average to 46.62.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2027-10-31 | 60.65042 |
| 2027-11-30 | 73.38626 |
| 2027-12-31 | 83.33089 |
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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.