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Texas ERCOT peak electricity demand on Kalshi
If the highest hourly total system load reported for the ERCOT grid on November 9, 2026 is above 59,000 MW, then the market resolves to Yes.
Settles on: Electric Reliability Council of Texas (ERCOT).
Market says (typical open contract)
35%
Median YES price across 19 open contracts, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
70% 😈
Half luck. The favorite is clear, the fee is not small, and the payout on the favorite is thin.
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 30¢ | 1.5¢ | $2.45 | 31.5% |
| 35¢ (now) | 1.6¢ | $2.28 | 36.6% |
| 50¢ | 1.8¢ | $1.75 | 51.7% |
| 70¢ | 1.5¢ | $1.05 | 71.5% |
| 90¢ | 0.6¢ | $0.35 | 90.6% |
Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 57,500 MW? · Above 57,500 MW | 9¢ | 9% | 0.6¢ | — | 18% | 225 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 58,500 MW? · Above 58,500 MW | 12¢ | 12% | 0.7¢ | — | 24% | 201 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 58,000 MW? · Above 58,000 MW | 2¢ | 2% | 0.1¢ | — | 3% | 162 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 59,000 MW? · Above 59,000 MW | 12¢ | 12% | 0.8¢ | — | 25% | 153 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 51,000 MW? · Above 51,000 MW | 98¢ | 98% | 0.1¢ | — | 3% | 1 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 57,000 MW? · Above 57,000 MW | 22¢ | 22% | 1.2¢ | — | 44% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 56,500 MW? · Above 56,500 MW | 34¢ | 34% | 1.6¢ | — | 69% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 56,000 MW? · Above 56,000 MW | 7¢ | 7% | 0.5¢ | — | 14% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 55,500 MW? · Above 55,500 MW | 2¢ | 2% | 0.1¢ | — | 3% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 55,000 MW? · Above 55,000 MW | 35¢ | 35% | 1.6¢ | — | 70% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 54,500 MW? · Above 54,500 MW | 35¢ | 35% | 1.6¢ | — | 70% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 54,000 MW? · Above 54,000 MW | 50¢ | 50% | 1.8¢ | — | 100% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 53,500 MW? · Above 53,500 MW | 50¢ | 50% | 1.8¢ | — | 100% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 53,000 MW? · Above 53,000 MW | 92¢ | 92% | 0.5¢ | — | 15% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 52,500 MW? · Above 52,500 MW | 89¢ | 89% | 0.7¢ | — | 22% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 52,000 MW? · Above 52,000 MW | 50¢ | 50% | 1.8¢ | — | 100% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 51,500 MW? · Above 51,500 MW | 50¢ | 50% | 1.8¢ | — | 100% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 50,500 MW? · Above 50,500 MW | 97¢ | 97% | 0.2¢ | — | 6% | 0 | Nov 10, 05:55 UTC |
| Will the highest hourly total system load reported for the ERCOT grid on November 9, 2026 be above 50,000 MW? · Above 50,000 MW | 98¢ | 98% | 0.1¢ | — | 3% | 0 | Nov 10, 05:55 UTC |
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
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