EIA: Electricity Rates Surge -- ISO-NE; Fall Significantly In ERCOT -- January 18, 2024

Locator: 46585ELECTRICITY.
Locator: 46585RENEWABLE.

Electricity wholesale prices, 2024.

I find this one of the most interesting graphs this week: link here.

Eleven regions.

EIA: "in most US regions, 2024 wholesale electricity prices will be similar to those in 2023."

Exceptions, 2024  / 2023, year / year:

• only two regions show any notable increase: NYISO and ISO-NE
• greatest increase: ISO-NE
• from $48 to $60
• a 25% increase y/y
• only three regions show a notable decrease: ERCOT, Southwest, and California
  
• greatest decrease: ERCOT
• from an incredible $80 to $47
• a 41% decrease