Common vitality costs in Boston-Cambridge-Newton – December 2021

Data on press releases

22-81-BOS
Friday, January 14, 2022

Gasoline costs averaged $3.475 per gallon within the Boston-Cambridge-Newton space in December 2021, the U.S. Bureau of Labor Statistics reported in the present day. Performing Regional Commissioner Giancarlo Parenti famous gasoline costs within the area rose $1.32 from final December, once they averaged $2,160 a gallon. Boston-area households paid a median of 24.5 cents per kilowatt-hour (kWh) for electrical energy in December 2021, in comparison with 21.7 cents per kWh in December 2020. The common value of gasoline (ducted) at $1.894 per therm in December was up from $1.595. by therm a 12 months earlier. (Information on this launch will not be seasonally adjusted; due to this fact, year-over-year evaluation is used all through.)

At $ 3.475 per gallon, gasoline prices within the Boston space had been about the identical because the nationwide common of $ 3.505 per gallon in December 2021. As of December, gasoline prices in Boston had been at roughly the identical as within the nation. For a lot of the final 5 months of December, costs for a gallon of gasoline in Boston have been on the US common. (See desk 1.)

The 24.5 cents per kWh that Boston households paid for electrical energy in December 2021 was 72.5% larger than the nationwide common value of 14.2 cents per kWh. Final December, electrical energy prices in Boston had been 59.6% larger than the nationwide. Boston-area electrical energy prices topped the nationwide common by at the very least 57.4% within the final 5 months of December. (See desk 2.)

Costs paid by Boston-area shoppers for utility (piped) gasoline, generally generally known as pure gasoline, had been $1.894 per therm in December 2021, 35.1% above the nationwide common of $1.402 by therm. Boston-area utility (piped) gasoline costs have been above the nationwide common for the earlier 5 Decembers, by at the very least 35.1. (See desk 3.)

the Boston-Cambridge-Newton, Mass.-NH, Core Based mostly Statistical Space coated on this launch consists of Essex, Middlesex, Norfolk, Plymouth and Suffolk counties in Massachusetts; Rockingham, Strafford Counties in New Hampshire.

The January 2022 Shopper Value Index is scheduled for launch Thursday, February 10, 2022 at 8:30 a.m. (ET).

Technical word

Common costs are estimated from Shopper Value Index (CPI) knowledge for sure product collection to fulfill the analysis and analytical wants of customers of CPI knowledge. Common costs for electrical energy, gasoline (piped), and gasoline are revealed month-to-month for the common US metropolis, 4 areas, 9 divisions, 2 inhabitants measurement courses, 8 area/measurement class cross classifications and the 23 largest native index. areas. For electrical energy, common costs per kilowatt hour (kWh) are revealed. For utility (piped) gasoline, common costs per therm are revealed. For gasoline, the common worth per gallon is revealed. Common costs for generally accessible grades of gasoline are revealed together with the common worth for all grades.

All qualifying costs are transformed to an ordinary amount worth. These costs are then used to estimate a worth for an outlined mounted amount. The common worth per kilowatt hour represents the entire invoice divided by the utilization per kilowatt hour. The full invoice is the sum of all objects relevant to all shoppers showing on an electrical energy invoice, together with however not restricted to variable charges per kWh, mounted prices, taxes, surcharges and costs. credit. This calculation additionally applies to the common worth per therm for utility (piped) gasoline.

The knowledge on this launch might be made accessible to individuals with sensory disabilities upon request. Voice cellphone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

12 months and month

Gasoline per gallon

Electrical energy per kWh

Utility gasoline (piped) per thermal

United States

Boston area

United States

Boston area

United States

Boston area

2020

December

$2.235

$2,160

$0.136

$0.217

$1.114

$1,595

2021

January

2.391

2,330

0.136

0.230

1.119

1.596

February

2.559

2.457

0.137

0.230

1.124

1.581

March

2.856

2.772

0.138

0.234

1.144

1.578

April

2.907

2.830

0.139

0.238

1.166

1,578

Can

3.041

2.925

0.140

0.227

1,201

1.258

June

3.245

3.021

0.142

0.229

1.219

1.258

July

3.326

3.091

0.143

0.225

1.241

1.258

August

3.351

3.123

0.144

0.228

1.267

1.286

September

3.361

3,164

0.144

0.228

1.302

1,286

October

3.477

3.324

0.142

0.228

1.383

1.397

November

3.576

3.486

0.142

0.244

1.401

1.849

December

3.505

3.475

0.142

0.245

1.402

1.894

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