The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 27 million Texas customers - representing about 90 percent of the state's electric load. As the independent system operator (ISO) for the region, ERCOT schedules power on an electric grid that connects more than 54,100 miles of transmission lines and 1,250+ generation units, including Private Use Networks. ERCOT also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for 8 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. ERCOT's members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities (transmission and distribution providers), and municipal-owned electric utilities.
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The ERCOT annual revenue was $355.4 million in 2026.
Jayapal Parakkuth is the Senior Vice President and Chief Digital Officer of ERCOT.
808 people are employed at ERCOT.
ERCOT is based in Taylor, Texas.
The NAICS codes for ERCOT are [221, 22].
The SIC codes for ERCOT are [493, 49, 491].