The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.
For Release: Thursday, June 11, 2020
MID-ATLANTIC INFORMATION OFFICE: Philadelphia, Pa.
(215) 597-3282 BLSInfoPhiladelphia@bls.gov
(215) 861-5600 BLSMediaPhiladelphia@bls.gov
Average Energy Prices, Philadelphia-Camden-Wilmington – May 2020
Gasoline prices averaged $2.086 per gallon in the Philadelphia-Camden-Wilmington area in May 2020, the
U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s Regional Commissioner, noted
that area gasoline prices were 29.5 percent lower than last May prices when they averaged $2.957 per gallon.
Philadelphia-area households paid an average of 15.1 cents per kilowatt hour (kWh) of electricity in May
2020, 3.2 percent lower than the average of 15.6 cents in May 2019. The average cost of utility (piped) gas at
$1.115 per therm in May was 8.4 percent lower than its price of $1.217 per therm a year earlier. (Data in this
release are not seasonally adjusted; accordingly, over-the-year-analysis is used throughout.)
At $2.086 per gallon, the price for gasoline in the Philadelphia area was 7.2 percent higher than the national
average of $1.946 per gallon in May 2020. From 2016 to 2019, local and national prices for gasoline in May
differed by 3.3 percent or less. (See chart 1 and table 1.)
The 15.1 cents per kWh that Philadelphia households paid for electricity in May 2020 was 12.7 percent higher
than the nationwide average cost of 13.4 cents per kWh. Last May, electricity prices in Philadelphia were 14.7
percent higher than the nation. From 2016 to 2018, prices paid by Philadelphia-area consumers for electricity
in May exceeded the U.S. average by 10.9 percent or more. (See chart 2.)
The price paid by Philadelphia-area consumers for utility (piped) gas, commonly referred to as natural gas,
was $1.115 per therm in May 2020, 7.5 percent higher than the national average of $1.037 per therm. Utility
(piped) gas prices in the Philadelphia area were also above the na