Wholesale electricity price (USD / MWh) - United States (Southwest index Palo Verde) - EIA STEO - Monthly
This series is part of the dataset: US Wholesale electrictiy prices (monthly)
Download Full Dataset (.xlsx)Latest updates. At the Palo Verde hub, the average wholesale price of electricity stood at 42.92 USD / MWh in August 2025, versus 36.29 in the previous month. This marks a gain of 18.27 percent.
Sample. There are 204 observations overall in the monthly time series displayed in the plot above. The time span covered by the series goes from January 2010 to December 2026.
History. Take a look at a few statistics computed on the full sample: the price had a mean value of 40.94 USD / MWh; it achieved a maximum of 252.42 in December 2022; it recorded a minimum of 0.83 in April 2024.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2026-10-31 | 38.35566 |
| 2026-11-30 | 44.05624 |
| 2026-12-31 | 49.13272 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Wholesale electricity price |
| Country or region | US - Southwest index Palo Verde |
| 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 |