Electric Reliability Council of Texas
Electric Reliability Council of Texas (ERCOT)- The Council oversees transactions associated with the newly restructured electric market and protects the overall reliability of the power grid. ERCOT oversees the transactions that result from the restructuring, while maintaining the overall reliability of the electrical grid.
Emission Factor – A measure of the average amount of a specified pollutant or material emitted for a specific type of fuel or process.
Energy – The capability of doing work; different forms of energy can be converted to other forms, but the total amount of energy remains the same.
Energy Efficiency – Reducing energy use without changing lifestyle or business practices. Reducing or eliminating unnecessary energy waste in buildings and appliances by using designs, building materials, insulation, high efficiency windows, space conditioning equipment and appliances developed to decrease energy use while providing the same or higher levels of service.
Energy Service Company (ESCO) – A company that specializes in performing services and providing energy efficiency measures under a contractual arrangement whereby the ESCO shares the value of energy savings with the customer.

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