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 38.54 USD / MWh in January 2026, as in December 2025.
Sample. There are 216 observations overall in the monthly time series displayed in the chart above. The period covered by the series is from January 2010 to December 2027.
History. Here's a snapshot of a few summary statistics we calculated on the whole sample: the price reached its lowest level of 0.83 USD / MWh in April 2024; it peaked at 252.42 in December 2022; it had a mean of 40.83.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2027-10-31 | 27.91275 |
| 2027-11-30 | 32.16343 |
| 2027-12-31 | 38.68949 |
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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.