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 171.68 USD / MWh in January 2026, compared to 78.54 in December 2025. This represents an increase of 118.59 percent.
Sample. There are 216 data points in the monthly time series presented in the figure above. The time range covered by the series stretches from January 2010 to December 2027.
History. Here's a glimpse of some summary statistics we computed on the entire sample: the price reached its lowest level of 19.29 USD / MWh in April 2020; it reached its maximum of 171.68 in January 2026; it was equal on average to 46.41.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2027-10-31 | 56.35571 |
| 2027-11-30 | 59.50993 |
| 2027-12-31 | 71.28279 |
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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 |
Series in the same data set
Discover the other time series included in this data set.