Public & Societal Benefit
Electric Reliability Council Of Texas Inc 10-10-90
AUSTIN, TX
Total revenue
$543.2M
Total expenses
$444.4M
Net assets
$343.9M
Grants received
—
EIN
742587416
Tax year
2024
Mission
See schedule o
Programs
2 programs
Ercot acts as the servicer and administrator for the subchapter n bonds. Under the ercot nodal protocols relating to the subchapter n uplift balance securitization, ercot bills market participants daily in amounts sufficient to provide payments of debt service and other required amounts and remits those funds to the trustee.
Ercot acts as the servicer and administrator for the subchapter m bonds. Under the ercot nodal protocols relating to the subchapter m default balance securitization, ercot bills market participants monthly in amounts sufficient to provide payments of debt service and other required amounts and remits those funds to the trustee.
Financials
FY 2024
Revenue
Expenses
People
37 listed
PABLO VEGAS
BOARD MEMBER; PRESIDENT AND CEO
$3.6M
60 hrs/wk
DWAYNE RICKERSON
SVP & COO
$699K
60 hrs/wk
CHAD SEELY
SVP & GENERAL COUNSEL
$683K
60 hrs/wk
JAYAPAL PARAKKUTH
SVP & CHIEF INFORMATION OFFICER
$517K
58 hrs/wk
JEYANT TAMBY
SVP, CAO & CHIEF OF STAFF
$490K
45 hrs/wk
MARA SPAK
VP, HUMAN RESOURCES
$481K
55 hrs/wk
DAN WOODFIN
VP, SYSTEM OPERATIONS
$480K
40 hrs/wk
SALLIE BETTY DAY
VP, SECURITY & COMPLIANCE AND CCO
$461K
40 hrs/wk
KRISTI HOBBS
VP, SYSTEM PLANNING & WEATHERIZATION
$455K
55 hrs/wk
SEAN TAYLOR
SVP CFO & CRO
$452K
40 hrs/wk
ROBERT BLACK
VP, PUBLIC AFFAIRS
$416K
40 hrs/wk
VENKATA TIRUPATI
VP, DEV OPERATIONS & GRID TRANSFORMATION
$371K
70 hrs/wk
ADAM MARTINEZ
VP, ENTERPRISE RISK & STRATEGY
$362K
40 hrs/wk
RICHARD SCHEEL
SVP CFO & CRO
$312K
55 hrs/wk
BRANDT RYDELL
ASSISTANT GENERAL COUNSEL
$298K
40 hrs/wk
KENAN OGELMAN
VP, COMMERCIAL OPERATIONS
$266K
40 hrs/wk
KEITH COLLINS
VP, COMMERCIAL OPERATIONS
$221K
60 hrs/wk
BILL FLORES
DIRECTOR
$205K
20 hrs/wk
JONATHAN LEVINE
ASST. GC AND ASST. CORP. SEC.
$200K
40 hrs/wk
PEGGY HEEG
BOARD MEMBER
$189K
11 hrs/wk
JOHN SWAINSON
BOARD MEMBER
$185K
2 hrs/wk
ROBERT FLEXON
BOARD MEMBER
$168K
10 hrs/wk
JULIE ENGLAND
BOARD MEMBER
$164K
6 hrs/wk
GILBERT HUGHES
VP, PUBLIC AFFAIRS
$163K
40 hrs/wk
LINDA CAPUANO
BOARD MEMBER
$160K
10 hrs/wk
CARLOS AGUILAR
BOARD MEMBER
$160K
4 hrs/wk
BENJAMIN BARKLEY
BOARD MEMBER
—
0.25 hrs/wk
COURTNEY HJALTMAN
BOARD MEMBER
—
25 hrs/wk
PAUL FOSTER
BOARD MEMBER
—
15 hrs/wk
NATHAN BIGBEE
DEPUTY GENERAL COUNSEL
$395K
57 hrs/wk
BRANDON GLEASON
DEPUTY GENERAL COUNSEL
$374K
60 hrs/wk
BRYAN HANLEY
SR DIRECTOR, IT INFRASTRUCTURE
$363K
55 hrs/wk
MARK MINER
SR DIRECTOR, CORPORATE COMMUNICATIONS
$349K
50 hrs/wk
DAVID KEZELL
DIRECTOR, WEATHERIZATION & INSPECTION
$341K
40 hrs/wk
JOHN MESSER
DIRECTOR, MARKET APPLICATION SERVICES
$310K
50 hrs/wk
AJAY MANNEPALLI
DIRECTOR, SR IT ARCHITECTURE & STRATEGY
$295K
40 hrs/wk
LESLIE SWANSON
SR DIRECTOR, CONTROLLER & TREASURER
$286K
40 hrs/wk
Independent contractors
NEXTSOURCE INC
CONTINGENT WORKFORCE
HITACHI ENERGY USA INC
IT CONSULTING
POTOMAC ECONOMICS LTD
INDEPENDENT MARKET MONITOR
SIRIUS COMPUTER SOLUTIONS INC
IT CONSULTING
WINSTEAD PC
LEGAL SERVICES