The future of the tokamak approach to controlled thermonuclear fusion depends in part on its potential as a commercial electricity-producing device. This potential is continually being evaluated in the fusion community using parametric, system, and conceptual studies of various approaches to improving tokamak reactor design. The potential of tokamaks using resistive magnets as commercial electricity-producing reactors is explored. Parametric studies have been performed to examine the major trade-offs of the system and to identify the most promising configurations f or a tokamak using resistive magnets. In addition, a number of engineering issues have been examined including magnet design, blanket/first-wall design, and maintenance. The study indicates that attractive design space does exist and presents a conceptual design for the Resistive Magnet Commercial Tokamak Reactor (RCTR). No issue has been identified, including recirculating power, that would make the overall cost of electricity of RCTR significantly different from that of a comparably sized superconducting tokamak. However, RCTR may have reliability and maintenance advantages over commercial superconducting magnet devices.