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 electricity price was 39.61 USD / MWh in December 2025, compared to 38.27 in November 2025. This marks a rise of 3.50 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. Have a look at some descriptive statistics calculated on the entire sample: the price reached a maximum of 252.42 USD / MWh in December 2022; it recorded a bottom of 0.83 in April 2024; it had a mean value of 40.85.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2026-10-31 | 36.93276 |
| 2026-11-30 | 40.37873 |
| 2026-12-31 | 42.28862 |
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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 |
Series in the same data set
Discover the other time series included in this data set.