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 price of electricity was 59.98 USD / MWh in August 2025, versus 87.52 in the previous month. This marks a decrease of 31.47 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 are a few descriptive statistics calculated on the entire sample: the price had an average value of 45.48 USD / MWh; it reached a minimum of 19.29 in April 2020; it peaked at 168.89 in January 2014.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2026-10-31 | 53.59178 |
| 2026-11-30 | 58.88815 |
| 2026-12-31 | 69.78266 |
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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 |