The electric power sector consists of facilities which generate electricity primarily for use by the public. Energy is used for the generation, distribution, and transmission of electric power.
Using an equivalent measure of million British thermal units (Btu), the graph below compares the prices of fuel. The prices are also in nominal dollars to provide a better comparison.
In 2021, the highest price was for petroleum at $16.69 per million Btu. The natural gas price was $9.88 per million Btu, wood and waste was $2.39, coal was $1.18, and nuclear fuel was $0.61.
There were no direct fuel costs for hydroelectric, geothermal, wind, photovoltaic, or solar thermal energy, so no prices were reported.