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Markets

The market you’re buying into, in plain numbers.

Zonal day-ahead settlement prices, the gas hubs that set them, and forward strips against your renewal window. The same screens we work from when we build your position.

ERCOT day-ahead · settlement point prices Illustrative — not live pricing
On-peak average HE 0700–2200, weekdays
Off-peak average Overnight and weekends
24-hour average All hours, load-weighted
Day range Low to high, $/MWh

Forward strips

What the curve is asking for term.

Indicative forward energy by zone and term length. Retail offers land above these once supplier margin, shaping, losses, and ancillaries are layered in.

Forward energy strips · indicative Illustrative — not live pricing
Zone12-month24-month36-month

Select a zone above to update the strip.

Worked example · Titus County, ERCOT North

How structure changes the number.

A representative northeast Texas manufacturer on the Oncor system: roughly 18,000 MWh a year across a single meter, 62% load factor, contract expiring inside twelve months. Move the inputs to see how the three common structures separate.

Load factor is the lever most buyers ignore. Dragging it down raises every structure, because demand charges spread across fewer megawatt-hours.

Spread between fixed and index on these inputs: a year. That gap is not free money — it is the price of budget certainty. Whether it is worth paying depends on whether your organization can absorb a bad summer, not on which number is lower today.

Reading the zones

Where you sit changes what you pay.

Northeast Texas is North zone, not West

ERCOT runs four competitive load zones — Houston, North, South, and West. Counties in northeast Texas price against LZ_NORTH, alongside Dallas-Fort Worth. West zone covers the Permian and the wind belt, and behaves very differently.

Some far-northeastern counties sit outside ERCOT entirely, in SPP territory, and a handful fall under Rayburn Country Electric Co-op, which has no retail choice at all. Confirming which applies is step one of any review.

Why West prices look cheaper than they spend

Heavy wind generation in West zone regularly exceeds local load and export capacity, pushing overnight prices to zero or below. That flatters the average.

The same congestion produces sharper scarcity spikes when the wind drops. A West-zone facility on an index product sees a far wider monthly range than the annual average suggests — which is exactly the exposure a contract needs to address.

About these figures Values shown are illustrative sample data for demonstration and are not a live market feed, a price quote, an offer, or a forecast. Forward strips are indicative energy only and exclude supplier margin, shaping, losses, ancillary services, transmission and distribution charges, and applicable taxes. The structure comparison is simplified arithmetic intended to show relative behavior, not projected savings. Actual pricing depends on your interval data, credit, term, start date, and market conditions at the time of solicitation. Nothing here should be relied on as a representation of results.

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