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Wholesale electricity price (USD / MWh) - United States (Midcontinent ISO Illinois hub) - EIA STEO - Monthly

Latest updates. At the Midcontinent ISO Illinois hub, the average wholesale electricity price was 42.83 USD / MWh in August 2025, compared to 74.56 in the previous month. This marks a decrease of 42.56 percent.

Sample. There are 204 observations overall in the monthly time series presented in the figure above. The period covered by the series goes from January 2010 to December 2026.

History. Here's a glimpse of a few descriptive statistics calculated on the whole sample: the price had a mean value of 37.99 USD / MWh; it recorded a maximum of 110.22 in August 2022; it reached a trough of 20.64 in April 2020.

Latest values

Date Value - USD / MWh
2026-10-31 39.22739
2026-11-30 41.44829
2026-12-31 45.77396

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Series Metadata

Field Value
Description Wholesale electricity price
Country or region US - Midcontinent ISO Illinois 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