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02 July 2026

ERCOT June 2026 benchmark: TB spreads fall 50% as volatility fades, while April revenues settled at $3.12/kW-month

ERCOT June 2026 benchmark: TB spreads fall 50% as volatility fades, while April revenues settled at $3.12/kW-month

​June saw lower price spreads in ERCOT. Day-Ahead TB1 spreads averaged $28/MWh, 50% below a year earlier, while Real-Time TB1 spreads fell 31% to $37/MWh. A growing battery fleet and mild weather kept them compressed.

April, the latest month with settled revenues, saw average battery revenues of $3.12/kW. That is up from $1.88 in March and 32% above the trailing 12-month average of $2.37/kW-month.

Have any questions or feedback? Contact the author at alex.dediego@modoenergy.com.


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