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Tuesday, May 22, 2012

12-1032-SAN

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Technical information:
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Average Energy Prices in the San Francisco Area – April 2012


San Francisco area consumers paid more than the U.S. city average for electricity (64.6 percent), utility (piped) gas (25.9 percent), and gasoline (6.4 percent) in April 2012, as measured by the Consumer Price Index (CPI), the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Richard J. Holden noted the percent differential for utility (piped) gas widened as local prices fell at a slower rate than those for the nation. The gap between area and national prices for gasoline decreased as gasoline prices rose slower in the San Francisco area than nationwide. (See table A. All data in this release are not seasonally adjusted; accordingly, over-the-year analysis is used throughout.)

Table A. Average prices of energy products, United States and the San Francisco area, April 2011 and April 2012
April 2011 April 2012
United States San Francisco Percent Difference United States San Francisco Percent Difference

Electricity (per KWH)

$0.127 $0.211 66.1 $0.127 $0.209 64.6

Utility (piped) gas per therm

1.078 1.298 20.4 0.951 1.197 25.9

Gasoline per gallon

3.863 4.188 8.4 3.976 4.230 6.4

NOTE: A positive percent difference measures how much the price in the San Francisco area is above the national price, while a negative difference reflects a lower price in the San Francisco area.

A kilowatt-hour (kWh) of electricity cost San Francisco area consumers $0.209 in April 2012, little changed from one year earlier. Nationwide, electricity prices averaged $0.127 in April 2012, the same as the previous year. For the past five years, electricity prices in the San Francisco area have been consistently above the national average and ranged from approximately 47.0 percent to over 88.0 percent higher. (See chart 1 and table 1.)

Chart 1. Average prices for electricity, United States and the San Francisco  area, April 2007- April 2012



A therm—a measure of constant heating value—of utility (piped) gas, commonly referred to as natural gas, averaged $1.197 in the San Francisco area in April 2012, a decrease of 7.8 percent from the previous April. Nationwide, a therm averaged $0.951 in April 2012, down 11.8 percent over the year. (See chart 2.)

Chart 2. Average prices for utility (piped) gas, United States and the San Francisco area, April 2007- April 2012



In April 2012, gasoline in San Francisco averaged $4.230 per gallon. Gas prices in San Francisco were $0.254 or 6.4 percent higher than the national average of $3.976. Over-the-year, gasoline prices were little changed in San Francisco and up 2.9 percent nationwide. Although gasoline prices can be volatile from month to month, the local price for gasoline has not fallen below the U.S. city average for the past five years. (See chart 3.)

Chart 3. Average prices for gasoline, United States and the San Francisco area, April 2007- April 2012




Consolidated Metropolitan Statistical Area (CMSA) Definition:  The San Francisco-Oakland-San Jose, Calif. metropolitan area is comprised of Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano, and Sonoma Counties in California.
Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; TDD message referral phone number: 1-800-877-8339.
For personal assistance or further information on the CPI data, as well as other Bureau data, contact the West Information Office at (415) 625-2270 from 9:30 a.m. to 11:30 p.m. and 1:30 p.m. to 4:00 p.m. PT.  Information on the Consumer Price Index and other surveys and programs is available on our Web site at www.bls.gov/ro9/.

Technical Information
Average prices for electricity, utility (piped) gas, and gasoline are published monthly for the U.S. city average, the 4 regions, the 3 population size classes, 10 region/size-class cross-classifications, and the 14 largest local index areas. For electricity, average prices per kilowatt-hour (kWh) and per 500 kWh are published. For utility (piped) gas, average prices per therm, per 40 therms, and per 100 therms are published. For gasoline, the average price per gallon is published.  Average prices for commonly available grades of gasoline are published as well as the average price across all grades.
Price quotes for 40 therms and 100 therms of utility (piped) gas and for 500 kWh of electricity are collected in sample outlets for use in the average price programs only. Since they are for specified consumption amounts, they are not used in the CPI. All other price quotes used for average price estimation are regular CPI data.

With the exception of the 40 therms, 100 therms, and 500 kWh price quotes, all eligible prices are converted to a price per normalized quantity. These prices are then used to estimate a price for a defined fixed quantity.

Table 1. Average prices of energy products, United States and the San Francisco area, April 2011– April 2012, not seasonally adjusted
Year and Month Electricity per kWh Utility (piped) gas per therm Gasoline per gallon
United States San Francisco United States San Francisco United States San Francisco

April 2011

$0.127 $0.211 $1.078 $1.298 $3.863 $4.188

May 2011

0.129 0.226 1.068 1.316 3.982 4.198

June 2011

0.134 0.226 1.077 1.470 3.753 3.934

July 2011

0.135 0.216 1.078 1.477 3.703 3.842

August 2011

0.135 0.216 1.079 1.430 3.680 3.799

September 2011

0.135 0.216 1.063 1.418 3.664 3.942

October 2011

0.130 0.216 1.047 1.344 3.521 3.877

November 2011

0.128 0.203 1.044 1.131 3.475 3.811

December 2011

0.127 0.203 1.034 1.129 3.329 3.611

January 2012

0.128 0.207 1.021 1.148 3.447 3.736

February 2012

0.128 0.207 0.986 1.187 3.622 4.040

March 2012

0.127 0.209 0.978 1.055 3.918 4.375

April 2012

0.127 0.209 0.951 1.197 3.976 4.230

 

Last Modified Date: May 22, 2012