March 19, 2018 10:48 PM ET

Electric Utilities

Company Overview of Electric Reliability Council Of Texas, Inc

Company Overview

Electric Reliability Council Of Texas, Inc., a nonprofit organization, operates and manages electric grids. It manages the flow of electric power lines to Texas customers. The company also manages financial settlements for wholesale bulk-power markets and administrates customer switching services. Its members include retail consumers, investor and municipal-owned electric utilities, rural electric cooperatives, river authorities, independent generators, power marketers, and retail electric providers. The company was founded in 1970 and is based in Austin, Texas.

7620 Metro Center Drive

Austin, TX 78744-1613

United States

Founded in 1970





Key Executives for Electric Reliability Council Of Texas, Inc

Chief Executive Officer and President
Chief Financial Officer and Vice President
Age: 58
Interim Chief Operating Officer and Chief of Staff
Chief of Market Operations and Vice President
Chief Security Officer
Compensation as of Fiscal Year 2017.

Electric Reliability Council Of Texas, Inc Key Developments

Electric Reliability Council Of Texas, Inc Presents at Smart Energy Summit: Engaging the Consumer, Feb-21-2018 02:30 PM

Electric Reliability Council Of Texas, Inc Presents at Smart Energy Summit: Engaging the Consumer, Feb-21-2018 02:30 PM. Venue: Omni Austin Downtown, Austin, Texas, United States. Speakers: Paul Wattles, Sr. Analyst, Market Design & Development.

CenterPoint Energy, Inc. Submits Proposal to Enhance and Build Electric Transmission Facilities to Serve the Growing Petrochemical Industry Along the Texas Gulf Coast

CenterPoint Energy, Inc.'s electric utility submitted a proposal to the Electric Reliability Council of Texas (ERCOT) requesting its endorsement for CenterPoint to enhance existing, and construct new, electric transmission infrastructure. This project would meet the unprecedented load growth of the petrochemical industry in the Freeport, Texas area. This growth includes new committed load expected to total approximately 1,340 megawatts, which is planned to go into service at varying stages between 2017 and 2019. The company expects to have the proposed enhancements complete by summer 2019 and the proposed new line is anticipated to be in service in 2021. The approximately $250 million transmission project includes enhancements to two existing substations and construction of a new 345 kilovolt double-circuit transmission line. The proposed project timeline takes into consideration the typical lead times necessary to implement the proposed enhancements and construction, including review by ERCOT and the Public Utility Commission of Texas. The company anticipates a decision by the fourth quarter of 2017.

Electric Reliability Council Of Texas, Inc Presents at 9th Annual Nodal Trader Conference, Oct-28-2016 09:00 AM

Electric Reliability Council Of Texas, Inc Presents at 9th Annual Nodal Trader Conference, Oct-28-2016 09:00 AM. Venue: Crowne Plaza Times Square, 1605 Broadway, New York, NY 10019, United States. Speakers: Resmi Surendran, Senior Manager, Market Analysis and Design.

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