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Table ET7. Electric power sector price and expenditure estimates, 1970-2024, New York
Table ET7. Electric power sector price and expenditure estimates, 1970-2024, New York





Year



Coal


Natural
gas a
Petroleum

Nuclear
fuel
Biomass

Electricity
imports c


Total
energy d
Distillate
fuel oil
Petroleum
coke
Residual
fuel oil

Total
Wood and
waste b
Prices in dollars per million Btu
1970 0.47 0.38 0.44 0.42 0.42 0.20 1.92 0.44
1971 0.53 0.43 0.58 0.54 0.54 0.23 2.07 0.51
1972 0.52 0.46 0.96 0.62 0.66 0.26 2.18 0.60
1973 0.50 0.50 1.13 0.80 0.83 0.25 2.35 0.72
1974 1.06 0.69 2.26 0.27 2.03 2.04 0.33 3.18 1.61
1975 1.18 0.88 2.16 1.94 1.95 0.31 3.89 1.56
1976 1.13 1.07 2.38 1.91 1.93 0.35 4.15 1.51
1977 1.17 1.41 2.75 2.19 2.21 0.36 4.70 1.64
1978 1.29 1.49 2.72 2.03 2.04 0.39 5.24 1.57
1979 1.36 2.29 4.04 2.96 2.98 0.47 1.56 5.73 2.22
1980 1.47 2.67 5.63 4.25 4.26 0.56 1.74 6.94 2.80
1981 1.71 3.49 7.13 5.10 5.12 0.56 1.24 8.06 3.53
1982 1.83 3.91 7.05 4.69 4.71 0.60 1.28 9.31 3.57
1983 1.79 3.98 6.43 4.54 4.56 0.56 1.12 9.32 3.56
1984 1.80 3.99 6.44 4.76 4.79 0.64 1.28 9.08 3.42
1985 1.72 3.48 6.11 4.26 4.29 0.67 9.34 2.98
1986 1.65 2.24 3.81 2.47 2.50 0.61 9.27 2.23
1987 1.54 2.44 4.25 3.06 3.09 0.63 0.95 8.97 2.40
1988 1.58 2.24 3.97 2.49 2.53 0.57 8.84 2.08
1989 1.57 2.35 4.48 2.95 3.03 0.65 0.67 8.88 2.16
1990 1.61 2.38 6.34 3.60 3.65 0.65 0.46 8.37 2.23
1991 1.59 2.23 5.30 2.72 2.77 0.55 0.50 7.20 1.78
1992 1.49 2.41 4.96 2.63 2.67 0.45 0.51 6.60 1.70
1993 1.50 2.65 4.69 2.56 2.63 0.57 1.40 6.61 1.80
1994 1.45 2.24 4.05 2.50 2.67 0.53 2.48 6.35 1.80
1995 1.41 2.08 4.41 2.64 2.83 0.54 2.21 6.21 1.73
1996 1.43 2.88 5.07 0.67 3.17 3.31 0.53 0.58 6.37 1.81
1997 1.42 2.81 3.75 2.83 2.92 0.47 0.33 6.71 1.81
1998 1.43 2.50 3.36 0.94 2.03 2.09 0.51 0.86 7.87 1.64
1999 1.45 2.79 3.47 0.79 2.36 2.42 0.51 0.55 8.69 1.77
2000 1.49 4.60 8.39 0.74 4.28 4.60 0.48 0.67 16.78 3.04
2001 1.42 4.05 5.05 0.80 3.50 3.65 0.41 1.36 20.47 2.75
2002 1.53 3.99 5.53 0.85 3.47 3.66 0.40 1.64 8.94 2.41
2003 1.58 6.07 6.99 0.80 4.46 4.61 0.41 1.58 13.21 3.01
2004 1.74 6.51 8.99 1.21 4.50 4.66 0.44 1.46 13.84 3.18
2005 2.12 9.05 11.18 1.21 6.75 6.62 0.44 2.28 16.53 4.50
2006 2.37 7.60 12.68 1.41 7.58 7.41 0.49 2.32 17.32 4.24
2007 2.39 7.92 12.63 1.88 7.49 7.78 0.46 2.42 18.25 4.55
2008 2.57 10.64 24.53 2.01 12.34 13.28 0.48 2.66 18.28 5.66
2009 2.68 5.16 12.70 1.72 8.14 8.46 0.56 2.20 12.10 3.12
2010 3.02 5.62 15.96 1.54 12.01 10.02 0.64 2.40 13.31 3.51
2011 3.27 5.44 22.47 4.01 17.78 15.24 0.68 2.44 11.53 3.51
2012 3.12 3.84 23.56 18.88 20.93 0.74 2.21 9.51 2.93
2013 3.02 5.11 24.43 18.52 20.55 0.80 2.26 11.49 3.58
2014 3.03 5.27 23.67 14.98 17.20 0.76 2.73 13.31 3.85
2015 2.83 3.41 14.70 8.18 10.02 0.72 2.62 10.54 2.72
2016 2.37 2.68 10.23 7.24 8.24 0.69 2.54 8.74 2.23
2017 2.35 3.36 13.96 9.07 10.41 0.74 2.40 9.18 2.48
2018 2.60 3.76 15.58 11.52 12.78 0.71 2.22 10.74 2.83
2019 2.28 2.96 14.06 11.76 12.89 0.67 2.33 9.20 2.22
2020 2.09 2.12 9.49 8.67 9.03 0.64 1.80 8.38 1.85
2021 3.93 15.06 12.99 13.38 0.64 2.39 12.82 3.26
2022 7.18 25.10 18.58 21.01 0.63 2.69 19.84 5.90
2023 2.93 19.74 18.17 18.56 0.64 2.93 18.72 2.70
2024 2.71 17.49 18.70 18.31 0.55 2.97 18.82 2.61
Expenditures in million dollars
1970 127.6 40.9 8.1 149.6 157.7 9.2 20.8 356.1
1971 104.5 43.7 24.3 232.1 256.5 16.3 16.1 437.0
1972 76.4 35.4 69.7 303.6 373.4 18.4 20.9 524.4
1973 72.3 35.7 65.4 414.9 480.3 19.9 27.5 635.7
1974 165.9 27.0 91.2 0.6 1,016.3 1,108.1 33.9 46.5 1,381.4
1975 173.3 12.2 66.6 1,029.8 1,096.4 44.9 45.9 1,372.8
1976 166.3 5.8 66.5 989.4 1,055.9 61.3 42.1 1,331.5
1977 188.6 5.9 54.6 1,173.1 1,227.8 80.2 62.1 1,564.6
1978 195.0 1.9 26.2 1,113.4 1,139.6 91.7 89.4 1,517.7
1979 209.7 178.9 29.2 1,264.3 1,293.5 94.8 1.1 245.6 2,023.7
1980 233.8 343.4 24.5 1,706.9 1,731.5 118.3 0.2 182.7 2,610.0
1981 270.5 470.3 37.7 1,995.1 2,032.7 108.0 (s) 409.9 3,291.4
1982 302.5 614.3 26.9 1,635.7 1,662.5 96.7 0.1 496.0 3,172.2
1983 299.3 556.6 22.6 1,637.3 1,659.8 100.8 0.2 660.2 3,277.0
1984 331.6 699.3 30.5 1,447.9 1,478.4 147.6 0.1 662.7 3,319.7
1985 337.5 622.1 29.2 1,156.5 1,185.7 172.1 569.5 2,886.9
1986 264.2 309.9 29.9 808.5 838.4 143.3 500.3 2,056.1
1987 308.9 435.8 35.7 982.7 1,018.3 149.9 (s) 499.4 2,412.3
1988 369.5 342.3 50.0 982.6 1,032.6 146.3 384.0 2,274.8
1989 411.4 443.7 94.9 1,200.8 1,295.7 157.0 14.4 189.4 2,511.6
1990 420.0 564.0 40.4 1,218.0 1,258.4 163.2 13.2 108.6 2,527.4
1991 419.4 525.1 30.3 758.4 788.8 165.3 15.0 80.0 1,993.6
1992 413.5 630.9 14.4 476.7 491.1 114.9 19.3 79.5 1,749.3
1993 365.6 655.6 24.7 377.3 402.0 161.1 49.0 130.0 1,763.3
1994 344.2 664.1 54.2 279.7 333.9 161.0 99.5 281.1 1,884.0
1995 321.0 916.0 41.8 203.5 245.2 150.7 85.4 190.8 1,909.1
1996 331.7 941.3 37.4 0.1 297.9 335.4 194.7 24.0 163.1 1,990.2
1997 350.5 1,188.2 34.3 227.9 262.1 144.6 13.8 69.7 2,028.9
1998 370.9 964.3 27.2 1.2 294.8 323.2 166.6 34.1 67.1 1,926.2
1999 350.4 1,233.9 44.6 3.1 298.0 345.7 197.7 22.9 93.9 2,244.6
2000 379.8 1,747.1 114.8 1.2 613.2 729.2 159.0 27.6 610.6 3,653.4
2001 341.4 1,473.6 88.4 0.2 552.6 641.2 174.6 35.6 827.4 3,493.8
2002 357.8 1,484.8 71.7 1.2 376.2 449.1 166.0 41.0 429.5 2,928.1
2003 383.3 1,621.8 98.0 0.9 830.7 929.7 171.9 38.9 450.7 3,596.2
2004 406.5 1,720.0 91.0 3.6 925.8 1,020.3 186.0 38.0 446.6 3,817.4
2005 452.2 2,809.5 102.4 15.6 1,488.0 1,606.0 197.0 62.2 604.6 5,731.6
2006 510.5 3,007.3 45.7 6.9 464.9 517.5 215.9 64.4 738.3 5,054.1
2007 527.8 3,302.8 100.2 5.3 552.2 657.8 205.5 66.6 894.4 5,654.9
2008 502.3 4,333.3 114.7 4.2 382.8 501.7 215.0 78.7 1,040.1 6,671.1
2009 353.5 1,937.5 54.0 2.9 166.9 223.8 255.7 69.4 464.8 3,304.8
2010 427.4 2,438.0 58.7 8.1 135.2 202.0 282.2 74.9 425.6 3,850.0
2011 324.3 2,413.2 42.9 10.8 114.6 168.3 305.5 70.9 475.6 3,757.7
2012 151.9 1,971.3 53.3 54.5 107.8 318.3 59.0 548.2 3,156.5
2013 142.3 2,397.7 70.8 102.7 173.5 375.3 67.2 733.1 3,889.1
2014 139.1 2,454.2 113.6 209.9 323.5 342.1 88.3 778.0 4,125.1
2015 62.1 1,655.3 70.8 99.9 170.6 333.9 78.3 639.8 2,940.0
2016 37.1 1,303.9 20.3 28.4 48.7 299.0 78.7 537.6 2,304.9
2017 14.7 1,333.8 21.2 36.6 57.8 324.6 77.0 516.9 2,324.9
2018 18.1 1,608.0 70.9 117.0 187.9 319.8 66.7 575.0 2,775.5
2019 10.8 1,154.6 30.9 26.7 57.6 313.1 63.7 511.3 2,111.1
2020 3.4 927.2 9.8 11.6 21.4 255.4 48.9 457.5 1,713.8
2021 1,811.8 18.1 69.1 87.1 208.3 63.4 676.9 2,847.5
2022 3,523.4 153.2 190.9 344.1 177.1 41.6 928.2 5,014.4
2023 1,425.6 18.2 50.5 68.8 185.2 34.9 485.4 2,199.9
2024 1,421.9 15.0 33.3 48.3 154.9 30.4 568.5 2,224.0

Footnotes:

a Includes supplemental gaseous fuels that are commingled with natural gas.

b Wood, wood-derived fuels, and biomass waste. Beginning in 2006, includes small amount of other biomass liquids that are biodiesel. Prior to 2001, includes non-biomass waste.

c Electricity imported from Canada and Mexico.

d There are no direct fuel costs for hydroelectric, geothermal, solar, or wind energy.

Where shown, R = Revised data, — = No consumption, and (s) = Value less than 0.05 million dollars.

Notes: · Expenditure totals may not equal sum of components due to independent rounding. · The electric power sector consists of electricity-only and combined-heat-and-power (CHP) plants within the NAICS 22 category whose primary business is to sell electricity, or electricity and heat, to the public. · Through 1988, data are for electric utilities only. Beginning in 1989, data include independent power producers.

Web page: All data are available at https://www.eia.gov/state/seds/seds-data-complete.php.

Data source: U.S. Energy Information Administration, State Energy Data System. See technical notes. https://www.eia.gov/state/seds/

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