The Electric Reliability Council of Texas (ERCOT) is a nonprofit corporation that manages the state’s electrical suppliers networks. ERCOT serves around 26 million people, delivering a reliable power supply to customers and balancing demand and loads. Along with its board of directors, ERCOT is regulated by the Public Utility Commission of Texas (PUCT). The company ensures power generation companies can access the market while protecting customers from market forces. ERCOT also schedules power flows, making sure there is enough power to balance supply and demand. This is important when there are power surges, for example, on hot days when people turn on the air conditioning or during extreme weather events. People can follow the grid and market conditions online.