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Electric Reliability Council of Texas

ERCOT power prices

Hub prices, negative-price hours and the plant fleet, 2025 and 2026 to August.

North Hub real-time, 2025
$32.01 /MWh
North Hub day-ahead, 2025
$32.94 /MWh
North Hub real-time, 2026 to Aug
$31.57 /MWh
Negative real-time hours at plant nodes, 2025
6.0%

ERCOT hourly prices through August 2026 · EIA-860M August 2026 · Updated 2026-10-27

Hub prices

4 hubs, January 2025 to August 2026.

Monthly average price

  • Real-time
  • Day-ahead
$0$25$50$75$100JanFebMarAprMayJunJulAugSepOctNovDecJanFebMarAprMayJunJulAug20252026 to Aug

USD/MWh, mean of each month’s complete hours at the hub.

ERCOT hourly prices through August 2026.

Hours with negative real-time prices

  • Plant nodes782 nodes
  • North Hub
0%5%10%15%20%JanFebMarAprMayJunJulAugSepOctNovDecJanFebMarAprMayJunJulAug20252026 to Aug15.2%

Negative node-hours over valid node-hours, real-time.

Real-time prices at 782 pricing nodes linked to plants. Node names are part of Pro.

Average prices by hub, USD/MWh, and the share of 2025 real-time hours below $0
Hub2025 real-time2025 day-ahead2026 to Aug real-time2026 to Aug day-aheadNegative hours, 2025
North Hub$32.01$32.94$31.57$34.672.6%
South Hub$32.01$32.84$30.63$33.592.7%
West Hub$32.87$33.74$28.46$31.847.3%
Houston Hub$33.04$34.47$32.23$35.381.6%

Plant fleet

Operating plants
987
Nameplate
179 GW
Plants with hourly node prices
624 of 987
States
2

Nameplate by fuel

  • Natural gas68 GW38%
  • Wind41 GW23%
  • Solar33 GW18%
  • Battery storage18 GW10%
  • Coal13 GW7%
  • Nuclear5.1 GW3%
  • Other1.2 GW1%
  • Hydro0.5 GW0%

EIA-860M August 2026, operating projects by ISO region.Open the map

See ERCOT node prices on the map