NRG · 10-Q · 2026Q3 · Full report

Regional Power Price Trends

NRG ENERGY, INC. · 2026-11-09 · Importance 51 · Surprise 64

For the nine months ended September 30, 2026, average on-peak prices increased in East markets, including PJM-West Hub to $89.42/MWh from $58.13/MWh and PJM-Dominion to $106.21/MWh from $73.23/MWh. NY J/NYC rose to $85.96/MWh from $76.07/MWh, while ERCOT-Houston declined 9% to $35.24/MWh and CAISO-SP15 declined 14% to $22.92/MWh. The filing attributes these figures to ISO real-time or day-ahead settlement prices; it does not provide a forward price outlook.

Key facts

• For the nine months ended September 30, 2026, NRG’s average on-peak ERCOT North power price was $33.17/MWh, down 10% from $36.73/MWh in 2025. source
• The average Henry Hub natural-gas price in Q3 2026 was $2.95/MMBtu versus $3.07/MMBtu in Q3 2025, a 4% decrease. source
• For the nine months ended September 30, 2026, NRG’s average on-peak ERCOT Houston power price was $35.24/MWh, down 9% from $38.79/MWh in 2025. source
• For Q3 2026, average on-peak ERCOT Houston power prices were $39.68/MWh versus $38.68/MWh in Q3 2025. source
• For Q3 2026, average on-peak ERCOT North power prices were $38.97/MWh versus $36.94/MWh in Q3 2025. source
• For Q3 2026, average on-peak NY J/NYC power prices were $71.12/MWh versus $66.57/MWh in Q3 2025. source
• For Q3 2026, average on-peak NEPOOL power prices were $62.82/MWh versus $62.77/MWh in Q3 2025. source
• For Q3 2026, average on-peak COMED (PJM) power prices were $72.19/MWh versus $55.33/MWh in Q3 2025. source