February 27, 2024 - EIA has released the February 2024 Electricity Monthly Update with data for December 2023. The following are some highlights:

• Wholesale natural gas and electricity prices were highest in New England in December, which is not an uncommon occurrence when temperatures fall and pipelines fill to capacity in this region.

• December electricity system daily peak demand remained towards the lower end of the 12-month range on most selected systems during the month.

• All regions of the country had a year-over-year decrease in electricity generation, mainly due to record warm temperatures during December 2023.

For more information, you can view the full Electricity Monthly Update report.

We have released the February 2024 Electric Power Monthly with data for December 2023. The following are some highlights:

• Net generation in the United States decreased 3.8% from December 2022.

• Consumption of natural gas for power generation was up 2.6% compared with December 2022.

• The average residential retail price of electricity was up 5.3% from December 2022.

For more information, you can view the full Electric Power Monthly report.