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Wholesale electricity price (USD / MWh) - United States (ERCOT North hub) - EIA STEO - Monthly

Latest updates. At the ERCOT North hub, the average wholesale electricity price was 34.29 USD / MWh in October 2025, compared to 33.23 in September 2025. This constitutes an increase of 3.19 percent.

Sample. In the monthly series displayed in the plot, there are 193 observations. The time period covered by the series extends from December 2010 to December 2026.

History. Take a look at a few descriptive statistics calculated on the entire sample: the price reached a maximum of 1,799.81 USD / MWh in February 2021; it reached its lowest level of 16.41 in February 2024; it was equal on average to 53.37.

Latest values

Date Value - USD / MWh
2026-10-31 38.97027
2026-11-30 43.2862
2026-12-31 47.06775

Hint. We group time series into data sets and worksheets to simplify exploration. If you navigate further down, you will discover how we arranged further material linked to the statistics provided here.

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Series Metadata

Field Value
Description Wholesale electricity price
Country or region US - ERCOT North hub
Economic concept Price
Data type Nominal price
Seasonally adjusted No
Frequency Monthly
Unit USD / MWh
Source U.S. Energy Information Administration (EIA)
Source type Government Agency
Data licence Public domain
Measure type Level