ELECTRICITY: Prices Drop By 2% In September After Steady Increases

After several months of steady increases in electricity costs nationally, September brought some relief for consumers and industry with a 2% average drop in the month according to the MIT Electricity Hub.

For the year so far, prices nationally have risen about 8.7% in 2026 which challenges large scale users and individual consumers alike, breaks in the weather and breaks in oil and other commodity prices helped to provide relief after a run up in costs.

The Association of Western Employers tracks economic trends and real costs for employers which electricity ranks among the highest. We will continue to keep you updated.