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: Monday, September 28, 2015
MIDWEST INFORMATION OFFICE: Chicago, Ill.
(312) 353-1880 BLSInfoChicago@bls.gov www.bls.gov/regions/midwest
Average Energy Prices, Cleveland-Akron-Lorain — August 2015
Gasoline prices averaged $2.566 a gallon in the Cleveland-Akron-Lorain area in August 2015, the U.S. Bureau
of Labor Statistics reported today. Regional Commissioner Charlene Peiffer noted that area gasoline prices
were down 89.2 cents compared to August 2014 when they averaged $3.458 per gallon. Cleveland area
households paid an average of 14.6 cents per kilowatt hour (kWh) of electricity in August 2015, 4.3 percent
higher than the 14.0 cents per kWh paid in August 2014. Utility (piped) gas averaged 60.1 cents per therm in
August, down from its average price of 81.1 cents per therm a year earlier. (Data in this release are not
seasonally adjusted; accordingly, over-the-year-analysis is used throughout.)
At $2.566 a gallon, costs for gasoline in the Cleveland area were 17.9 cents lower than the national average of
$2.745 in August 2015. Average gasoline costs in Cleveland have been lower than the U.S. average by 5.8
cents or more during the previous two years (2013-2014) in August. (See chart 1.)
The 14.6 cents per kWh Cleveland households paid for electricity in August 2015 were comparable to the
nationwide average of 14.2 cents during this same period. Electricity costs in the Cleveland area had been
comparable to the U.S. average in the previous three years (2012-2014) in August, but were 5.2 percent lower
than the national average in August 2011. (See chart 2.)
Prices paid by Cleveland area consumers for utility (piped) gas, commonly referred to as natural gas, at 60.1
cents per therm, were 35.5 percent below the national average of 93.2 cents per therm in August 2015. Utility
(piped) gas prices in the Cleveland area had been lower than the national average in the prior four years
(2011-2014) in August, ranging from 17.