Average costs of fossil fuels for the U.S. electric power industry from 2005 to 2016 (in U.S. dollars per million Btu)

Average costs of fossil fuels for U.S. electricity generation 2016 The statistic shows the average costs of fossil fuels for electricity generation in the United States between 2005 and 2016. In 2016, the average cost of all fossil fuels for electricity generation was 2.47 US dollars per million British thermal units. Across all sectors, the price of electricity to end-users in the U.S. came to 10 U.S. dollar cents in 2014.
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Coal*Petroleum**Natural gas***All fossil fuels
20051.546.448.213.25
20061.696.236.943.02
20071.777.177.113.23
20082.0710.879.024.11
20092.217.024.743.04
20102.279.545.093.26
20112.3912.484.723.29
20122.3812.483.422.83
20132.3411.574.333.09
20142.3711.653.31
20152.226.743.232.65
20162.115.252.872.47
Coal*Petroleum**Natural gas***All fossil fuels
20051.546.448.213.25
20061.696.236.943.02
20071.777.177.113.23
20082.0710.879.024.11
20092.217.024.743.04
20102.279.545.093.26
20112.3912.484.723.29
20122.3812.483.422.83
20132.3411.574.333.09
20142.3711.653.31
20152.226.743.232.65
20162.115.252.872.47
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Description Source More information
The statistic shows the average costs of fossil fuels for electricity generation in the United States between 2005 and 2016. In 2016, the average cost of all fossil fuels for electricity generation was 2.47 US dollars per million British thermal units. Across all sectors, the price of electricity to end-users in the U.S. came to 10 U.S. dollar cents in 2014.
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Release date
December 2017
Region
United States
Survey time period
2005 to 2016
Supplementary notes
* Includes anthracite, bituminous, subbituminous, lignite, waste coal, and synthetic coal.
** Includes distillate fuel oil, residual fuel oil, jet fuel, kerosene, petroleum coke, and waste oil.
*** Includes a small amount of supplemental gaseous fuels that cannot be identified separately. Natural gas values do not include blast furnace gas or other gas.

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