The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 24 million Texas customers — representing about 90 percent of the state’s electric load. As the independent system operator for the region, ERCOT schedules power on an electric grid that connects more than 46,500 miles of transmission lines and 570+ generation units. It also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for 7 million premises in competitive choice areas. ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature. Its members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities, transmission and distribution providers and municipally owned electric utilities.
ERCOT
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3.1
Overall Excellence Rating
Industry
UtilitiesCategory
Energy & UtilitiesESG/Ethical Impact
ERCOT’s primary impact is ensuring a reliable energy supply for Texas. By efficiently managing the state’s electricity grid, the organization plays a crucial role in supporting economic growth and social well-being. This reliability supports businesses, households, and critical infrastructure, aligning with broader social and economic stability goals. ERCOT can promote environmental sustainability by encouraging the integration of renewable energy sources into the grid. By facilitating the adoption of wind, solar, and other clean energy technologies, ERCOT contributes to reduced greenhouse gas emissions and a more sustainable energy mix, aligning with broader environmental goals. The organization places a strong emphasis on ethical business practices within the energy sector. This includes transparent and fair dealings with energy providers, adherence to regulatory standards, and responsible grid management.
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Awards Received
2023
Revenues
$3,000,000.00
Website Traffic
Employee Rating
2.8
Customer Rating
3.7
Company Size
100-1000
ESG Risk Rating
3