mpkWh

Mp kWh, written as mpkWh, is not a standard physical unit but an informal term that appears in some energy market datasets and dashboards to denote the market price per kilowatt-hour. In this context, mpkWh is a price metric rather than a measure of energy itself, and it is typically expressed as currency per kilowatt-hour (for example USD/kWh or EUR/kWh). The letters do not correspond to a formal SI prefix; rather, the term is context-specific and may be shorthand for market or monetary price.

Usage of mpkWh occurs in pricing and billing analyses, energy trading, and demand-response studies. It reflects the price at which electricity can be bought or sold in a given market, and it can vary by hour, region, and market conditions. mpkWh prices are closely related to concepts such as locational marginal price (LMP), day-ahead prices, and real-time prices, all of which capture the economic cost of delivering electricity at a particular location and time.

Calculation is straightforward: total cost equals mpkWh multiplied by energy consumed in kilowatt-hours. For example, if mpkWh is 0.18 USD/kWh and consumption is 150 kWh, the cost would be 27 USD. Because mpkWh is market-driven and locale-dependent, rates can fluctuate with supply, demand, transmission constraints, and policy changes.

Limitations include currency differences, time-of-use variations, and inclusion of additional charges such as taxes or fees in consumer bills. mpkWh is a pricing construct rather than a universal physical quantity, so its interpretation depends on the data source and context. See also electricity price, time-of-use pricing, and locational marginal price.