What is the job of ERCOT?
The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to more than 26 million Texas customers — representing about 90 percent of the state’s electric load.
Who hires ERCOT?
ERCOT is regulated by the Public Utility Commission of Texas and the Texas Legislature, an agency that regulates the state’s “electric, telecommunication, and water and sewer utilities.” The Public Utility Commission is a a three-member panel appointed by the governor — as well as by the Legislature.
Is ERCOT based in Texas?
The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas’s electrical grid, the Texas Interconnection, which supplies power to more than 25 million Texas customers and represents 90 percent of the state’s electric load….Electric Reliability Council of Texas.
| ERCOT headquarters in Austin, Texas | |
|---|---|
| Website | ercot.com |
How many employees does ERCOT have?
ERCOT manages the flow of electric power on the Texas Interconnection that supplies power to 24 million Texas customers. ERCOT was founded in 1970. ERCOT’s headquarters is located in Austin, Texas, USA 78744. ERCOT has an estimated 811 employees and a…
Do ERCOT members get paid?
While the average employee salary at Electric Reliability Council of Texas is $84,883, there is a big variation in pay depending on the role.
Who owns the electric grid in Texas?
the Electric Reliability Council of Texas
The grid is managed by the Electric Reliability Council of Texas (ERCOT). The Texas Interconnection is one of the three minor grids in the North American power transmission grid.
What parts of Texas are not in ERCOT?
Those edges of Texas, including El Paso, “are primarily in areas outside of those supported by ERCOT, the Electric Reliability Council of Texas, which manages the electric grid for 90 percent of the state and operates separately from federal oversight and regulation,” KHOU 11 Houston reported Wednesday night.
How much of Texas does ERCOT cover?
90%
About 90% of the state of Texas’s electric load is covered by ERCOT, or 26 million customers. That’s about 75% of the land area in the state, and includes most of the main population centers, like Austin, Dallas, Fort Worth, Houston, and San Antonio.
Is ERCOT an ISO?
As the Independent System Operator (ISO) since 1996, ERCOT has been the broker between competitive wholesale power buyers and sellers. The ERCOT ISO also provided the platform upon which Texas’ electric utility industry made the transition to retail competition on Jan. 1, 2002.
How much does a CEO of ERCOT make?
Indeed, there are profits being made — including the personal profit of the ERCOT CEO, who is paid a whopping $883,000 annual salary to run an electric system that has proven it just doesn’t work.
Who benefits from ERCOT?
ERCOT provides excellent benefits at no cost to the employee: Medical and vision coverage. Family dental coverage. Life insurance (1 x annual salary)