Wholesale electricity price (USD / MWh) - United States (SPP ISO South hub) - EIA STEO - Monthly
This series is part of the dataset: US Wholesale electrictiy prices (monthly)
Download Full Dataset (.xlsx)Latest updates. At the SPP ISO South hub, the average wholesale price of electricity was 57.37 USD / MWh in January 2026, compared to 32.38 in December 2025. This marks a rise of 77.18 percent.
Sample. There are 166 data points overall in the monthly series displayed in the plot above. The series covers the period extending from March 2014 to December 2027.
History. Here are some statistics computed on the full sample: the price had an average value of 40.68 USD / MWh; it hit a minimum of 16.65 in February 2024; it peaked at 705.48 in February 2021.
Latest values
| Date | Value - USD / MWh |
|---|---|
| 2027-10-31 | 37.07791 |
| 2027-11-30 | 37.46386 |
| 2027-12-31 | 41.44732 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Wholesale electricity price |
| Country or region | US - SPP ISO South 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.