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Wholesale electricity price (USD / MWh) - United States (CAISO SP15 zone) - EIA STEO - Monthly

Latest updates. In the CAISO SP15 zone, the average wholesale price of electricity stood at 31.74 USD / MWh in January 2026, compared to 36.95 in December 2025. This constitutes a reduction of 14.10 percent.

Sample. In the monthly time series presented in the chart, there are a total of 216 data points. The span of time covered by the series goes from January 2010 to December 2027.

History. Here's a peek at some simple statistics we computed on the entire sample: the price recorded its highest level of 257.11 USD / MWh in December 2022; it hit a minimum of -0.08 in April 2024; it was equal on average to 43.52.

Latest values

Date Value - USD / MWh
2027-10-31 28.97442
2027-11-30 32.88189
2027-12-31 38.68154

Nugget of wisdom. To make our users' life easier, we organize indicators into worksheets and datasets. By moving down the page, you will find how we structured further material linked to the statistics found here.

Not for investment purposes. Data and analyses released on FetchSeries are not meant for investment purposes or other financial decisions. Users should ask for professional advice and do independent analysis before making any financial commitments.

Series Metadata

Field Value
Description Wholesale electricity price
Country or region US - CAISO SP15 zone
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.

Wholesale prices

Series Name Observations Start Date End Date
Wholesale electricity price (USD / MWh) - United States (ERCOT North hub) - EIA STEO - Monthly 205 2010-12-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (CAISO SP15 zone) - EIA STEO - Monthly 216 2010-01-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (ISO-NE Internal hub) - EIA STEO - Monthly 216 2010-01-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (NYISO Hudson Valley zone) - EIA STEO - Monthly 216 2010-01-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (PJM Western hub) - EIA STEO - Monthly 216 2010-01-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (Midcontinent ISO Illinois hub) - EIA STEO - Monthly 216 2010-01-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (SPP ISO South hub) - EIA STEO - Monthly 166 2014-03-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (SERC index Into Southern) - EIA STEO - Monthly 216 2010-01-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (FRCC index Florida Reliability) - EIA STEO - Monthly 216 2010-01-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (Northwest index Mid-Columbia) - EIA STEO - Monthly 216 2010-01-31 2027-12-31
Wholesale electricity price (USD / MWh) - United States (Southwest index Palo Verde) - EIA STEO - Monthly 216 2010-01-31 2027-12-31