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: Friday, March 12, 2021
WESTERN INFORMATION OFFICE: San Francisco, Calif.
(415) 625-2270 BLSinfoSF@bls.gov www.bls.gov/regions/west
Average Energy Prices, San Francisco-Oakland-Hayward – February 2021
Gasoline prices averaged $3.458 a gallon in the San Francisco-Oakland-Hayward area in February 2021, the
U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Richard
Holden noted that area gasoline prices were similar to last February when they averaged $3.430 per gallon.
San Francisco area households paid an average of 24.2 cents per kilowatt hour (kWh) of electricity in
February 2021, higher than the 22.9 cents per kWh paid in February 2020. The average cost of utility (piped)
gas at $1.618 per therm in February was higher than the $1.452 per therm spent last year. (Data in this release
are not seasonally adjusted; accordingly, over-the-year-analysis is used throughout.)
At $3.458 a gallon, San Francisco area consumers paid 35.1 percent more than the $2.559 national average in
February 2021. A year earlier, consumers in the San Francisco area paid 35.6 percent more than the national
average for a gallon of gasoline. The local price of a gallon of gasoline has ranged from 23.1 to 44.2 percent
above the national average in the month of February during the past five years. (See chart 1.)
The 24.2 cents per kWh San Francisco households paid for electricity in February 2021 was 76.6 percent more
than the nationwide average of 13.7 cents per kWh. Last February, electricity costs were 70.9 percent higher in
San Francisco compared to the nation. In each of the past five years, prices paid by San Francisco area
consumers for electricity exceeded the U.S. average by at least 40.0 percent in the month of February. (See
Prices paid by San Francisco area consumers for utility (piped) gas, commonly referred to as natural gas, were
$1.618 per therm, or 44.0 percent above the natio