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Electricity Monthly Update

With Data for October 2023 Release Date: December 22, 2023 Next Release Date: January 24, 2024

Highlights: October 2023

  • Texas (ERCOT) electricity demand reached 84% of its annual high on October 4, 2023. A late season heat wave enveloped the state causing a spike in demand for electricity.

  • Wholesale electricity and natural gas prices remained on the low end of the 12-month range at all locations.

  • All areas of the country, except for the MidAtlantic, saw an increase in electricity generation from other renewables sources compared to October 2022.

Key indicators