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Midcontinent ISO

MISO power prices

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

Indiana Hub real-time, 2025
$42.85 /MWh
Indiana Hub day-ahead, 2025
$43.73 /MWh
Indiana Hub real-time, 2026 to Aug
$51.20 /MWh
Negative real-time hours at plant nodes, 2025
3.0%

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

Hub prices

8 hubs, January 2025 to August 2026.

Monthly average price

  • Real-time
  • Day-ahead
$0$50$100$150JanFebMarAprMayJunJulAugSepOctNovDecJanFebMarAprMayJunJulAug20252026 to Aug

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

MISO hourly prices through August 2026.

Hours with negative real-time prices

  • Plant nodes1,035 nodes
  • Indiana Hub
0%2.5%5%7.5%10%JanFebMarAprMayJunJulAugSepOctNovDecJanFebMarAprMayJunJulAug20252026 to Aug8.5%

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

Real-time prices at 1,035 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
Illinois Hub$37.35$38.71$41.28$45.651.3%
Indiana Hub$42.85$43.73$51.20$54.810.0%
Michigan Hub$42.88$43.21$50.72$52.430.0%
Minnesota Hub$40.19$41.16$40.47$44.351.2%
Arkansas Hub$32.47$33.44$34.22$35.650.5%
Louisiana Hub$40.07$38.56$37.35$39.370.0%
Texas Hub$35.91$36.88$37.49$38.960.0%
Mississippi Hub$33.35$34.30$36.47$37.020.7%

Plant fleet

Operating plants
2,336
Nameplate
213 GW
Plants with hourly node prices
695 of 2,336
States
15

Nameplate by fuel

  • Natural gas83 GW39%
  • Coal46 GW21%
  • Wind34 GW16%
  • Solar24 GW11%
  • Nuclear12 GW6%
  • Other9.1 GW4%
  • Hydro4.9 GW2%
  • Battery storage1.2 GW1%

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

See MISO node prices on the map