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News Release Information

24-69-PHI
Thursday, January 11, 2024

Contacts Technical information: Media contact:

Average Energy Prices, Washington-Arlington-Alexandria – December 2023

Gasoline prices averaged $3.314 per gallon in the Washington-Arlington-Alexandria area in December 2023, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Alexandra Hall Bovee noted that area gasoline prices decreased 2.2 percent from last December when they averaged $3.389 per gallon. The average price of utility (piped) gas at $1.378 per therm in December 2023 was down 20.3 percent from $1.730 per therm a year earlier. (Data in this release are not seasonally adjusted; accordingly, over-the-year-analysis is used throughout.)

At $3.314 per gallon, Washington area consumers paid 2.8 percent less than the national average of $3.411 for a gallon of gasoline in December 2023. From 2019 to 2022, prices for a gallon of gasoline in Washington ranged from 2.0 below to 0.4 percent above those for the nation in December. (See chart 1 and table 1.)

The nationwide average price per kWh for electricity in December 2023 was 16.9 cents. From 2019 to 2022, electricity prices for the Washington area ranged from 7.0 to 4.5 percent below those for the nation in December. (See chart 2.)

The price paid by Washington area consumers for utility (piped) gas, commonly referred to as natural gas, was $1.378 per therm in December 2023, 3.6 percent below the national average of $1.429 per therm. Last December, the price for utility (piped) gas in Washington was 3.8 percent higher than the national average. From 2019 to 2021, the price for utility (piped) gas in the Washington area ranged from 2.1 to 17.3 percent above the national average in December. (See chart 3.)

The Washington-Arlington-Alexandria, DC-VA-MA-WV, Core Based Statistical Area includes the District of Columbia; the counties of Calvert, Charles, Frederick, Montgomery, and Prince George’s in Maryland; the cities of Alexandria, Fairfax, Falls Church, Fredericksburg, Manassas, and Manassas Park and the counties of Arlington, Clarke, Culpeper, Fairfax, Fauquier, Loudoun, Prince William, Rappahannock, Spotsylvania, Stafford, and Warren in Virginia; and the county of Jefferson in West Virginia.

The Consumer Price Index for January 2023 is scheduled to be released on Tuesday, February 13, 2023, at 8:30 a.m. (ET).


Technical Note

Average prices are estimated from Consumer Price Index (CPI) data for selected commodity series to support the research and analytic needs of CPI data users. 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) are published. For utility (piped) gas, average prices per therm 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.

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. The average price per kilowatt-hour represents the total bill divided by the kilowatt-hour usage. The total bill is the sum of all items applicable to all consumers appearing on an electricity bill including, but not limited to, variable rates per kWh, fixed costs, taxes, surcharges, and credits. This calculation also applies to the average price per therm for utility (piped) gas.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: 202-691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Average prices for gasoline, electricity, and utility (piped) gas, the United States and Washington-Arlington-Alexandria, DC-VA-MD-WV, December 2022–December 2023, not seasonally adjusted
Year and month Gasoline per gallon Electricity per kWh Utility (piped) gas per therm
United States DC area United States DC area United States DC area

2022

December

$3.459 $3.389 $0.165 $0.154 $1.667 $1.730

2023

January

3.555 3.492 0.168 1.819 1.834

February

3.622 3.477 0.168 1.609 1.831

March

3.660 3.455 0.166 1.493 1.393

April

3.839 3.677 0.165 1.413 1.505

May

3.794 3.598 0.165 1.385 1.579

June

3.821 3.605 0.170 1.371 1.544

July

3.842 3.692 0.169 1.395 1.635

August

4.064 3.916 0.170 1.402 1.448

September

4.107 3.833 0.171 1.377 1.401

October

3.910 3.670 0.169 1.388 1.435

November

3.623 3.466 0.168 1.442 1.433

December

3.411 3.314 0.169 1.429 1.378

Note: Dash (–) indicates no data available.

 

Last Modified Date: Thursday, January 11, 2024