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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 electricity price was 35.22 USD / MWh in August 2025, compared to 33.43 in July. This marks a rise of 5.35 percent.

Sample. There are 204 observations in the monthly time series shown in the graph above. The period covered by the series extends from January 2010 to December 2026.

History. Take a look at some descriptive statistics we calculated on the full sample: the price had a mean value of 43.75 USD / MWh; it hit a trough of -0.08 in April 2024; it recorded its maximum of 257.11 in December 2022.

Latest values

Date Value - USD / MWh
2026-10-31 37.91654
2026-11-30 42.36376
2026-12-31 45.12321

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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