VST · 10-Q · 2026Q3 · Full report

Wholesale Power Price Trends

Vistra Corp. · 2026-11-09 · Importance 57 · Surprise 64

Vistra reported materially higher average wholesale power prices in several PJM and MISO hubs in the third quarter of 2026 versus 2025: PJM Western Hub rose to $70.00/MWh from $46.82/MWh, PJM AEP Dayton to $60.45/MWh from $43.51/MWh, and MISO Indiana to $59.73/MWh from $46.93/MWh. For the first nine months, PJM Western Hub averaged $72.84/MWh versus $47.67/MWh, while MISO Indiana averaged $55.37/MWh versus $43.72/MWh. ERCOT North Hub prices were comparatively stable at $35.10/MWh versus $32.61/MWh for the quarter. The filing says wholesale electricity prices generally move with natural gas prices, while generation availability, load growth, weather, and renewable penetration also influence prices and volatility.