The PUC is a governed organization that is responsible for overseeing the entire electricity market in the state of Texas. The PUC is the organization that enforces the rules and regulations for retail competition. This organization is set up for the protection of business owners and residents and to ensure fair competition in the State of Texas.
The PUC regulates the rates and terms for the Transmission and Distribution service Providers (TDSP). They have to oversee and monitor ERCOT and the entire electricity market as a whole. Their objective is to make sure that there is fair competition and ethical business practices all over the state of Texas in deregulated markets. The PUC is here for the protection of the providers, consumers, and every other entity involved in the energy market in the state of Texas.
ERCOT is a wonderful organization that the state of Texas is very lucky to have. The mission of the Electric Reliability Council of Texas (ERCOT) is to direct and ensure reliable and cost-effective operation of the electric grid and to enable fair and efficient market-driven solutions to meet customers’ electric service needs. Their role is to ensure the Texas deregulated market processes can be carried out according to ERCOT protocols. These ERCOT protocols are in compliance with the PUCT rulemakings, and include market timeframes. The protocols provide for a working group structure to support market needs, and to support all market participants in a fair and equitable manner.
