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Electricity Monthly Update

With Data for December 2023 Release Date: February 26, 2024 Next Release Date: March 26, 2024

Highlights: December 2023

  • 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.

Key indicators