Wholesale electricity price (USD / MWh) - United States (PJM Western hub) - EIA STEO - Monthly
This series is part of the dataset: US Wholesale electrictiy prices (monthly)
Download Full Dataset (.xlsx)Latest updates. At the PJM Western hub, the average wholesale electricity price was 58.40 USD / MWh in October 2025, versus 52.05 in the previous month. This constitutes an increase of 12.20 percent.
Sample. In this monthly time series, there are 204 records in total. The time range covered by the series extends from January 2010 to December 2026.
History. Here’s a quick look at a few summary statistics we calculated on the whole sample: the price recorded a bottom of 19.29 USD / MWh in April 2020; it peaked at 168.89 in January 2014; it had a mean of 45.51.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2026-10-31 | 54.88957 |
| 2026-11-30 | 59.38233 |
| 2026-12-31 | 71.63218 |
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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 |