Mission
WE SERVE THE PUBLIC BY ENSURING A RELIABLE GRID, EFFICIENT ELECTRICITY MARKETS, OPEN ACCESS, AND RETAIL CHOICE.
Public Charity
ELECTRIC RELIABILITY COUNCIL OF TEXAS INC
ELECTRIC RELIABILITY COUNCIL OF TEXAS INC is a Public Charity headquartered in AUSTIN, TX. Financial data from the 2024 filing: $543.2M revenue, $444.4M expenses, $7.4B total assets.
EIN: 742587416
AUSTIN, TX
Public Utilities
NTEE: W80
Latest filing: 2024
Total Revenue$543.2M
Total Expenses$444.4M
Total Assets$7.4B
Grant Records0
Filing Years2019–2024
Where $100 goes at Electric Reliability Council of Texas Inc
How Electric Reliability Council of Texas Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$79
Programs
the work itself
$21
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $79 for programs
$54
Ercot successfully manages the flow of electricity to more than 27 million customers in the state of texas, which includes the management of financial settlement for the competitive…
$22
Ercot acts as the servicer and administrator for the subchapter n bonds
$3
Ercot acts as the servicer and administrator for the subchapter m bonds
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
VP, ENTERPRISE RISK & STRATEGY
Adam Martinez
DIRECTOR, SR IT ARCHITECTURE & STRATEGY
Ajay Mannepalli
BOARD MEMBER
Benjamin Barkley
DIRECTOR
Bill Flores
DEPUTY GENERAL COUNSEL
Brandon Gleason
ASSISTANT GENERAL COUNSEL
Brandt Rydell
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $543.2M | $444.4M | $7.4B |
| 2023 | $488.0M | $402.8M | $6.6B |
| 2022 | $355.4M | $328.5M | $7.0B |
| 2020 | $242.7M | $232.7M | $1.9B |
| 2019 | $260.2M | $225.6M | $1.8B |
Between 2019 and 2024, reported annual revenue grew from $260.2M to $543.2M (+109%), with total assets most recently reported at $7.4B.
Interactive year-over-year charts and full filing details available with membership.