Vision:  

Lead with independent insight on the future of electricity reliability, markets and technology in Texas in
order to facilitate grid and market change for the benefit of all stakeholders.

Mission: 

We serve the public by ensuring a reliable grid, efficient electricity markets, open access and retail choice.

The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 26 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 52,700 miles of transmission lines and 1,100 generation units. It also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for nearly 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. Its members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities, transmission and distribution providers and municipally owned electric utilities.