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ERCOT - Electric Reliability Council of Texas logo
Company Name:
Approximate Salary:
Not Specified
Taylor, Texas
United States
Analyst - Other
Position type:
Full Time
Experience level:
2 - 5 years
Education level:
Bachelor's Degree

Settlements Analyst

Are you an ERCOT Employee? If so please log in to Workday to apply.

Performs settlement and billing operations and provides on-call support for the Settlements system. Responds to inquiries from the Qualified Scheduling Entity (QSE) Account Representatives. Demonstrates knowledge and expertise in the detailed operations of congestion, profiling, settlement calculation and the associated grid/operational ERCOT charges, and has strong understanding of competitive energy markets. Assists with projects and initiatives, as necessary, to implement ERCOT's Commercial Operation Systems including future enhancements.


  • Understands the basic principles, theories and concepts related to the profession and learns how to apply them within the ERCOT culture.
  • Follows standard practices and procedures in analyzing situations or data to determine appropriate action.
  • Contributes to specific objectives and outcomes as directed.
  • Has working knowledge of market and power systems and the understanding of the data elements passed from these systems to the settlement system.
  • Assists with the day-to-day activities of the team to meet critical daily deadlines.
  • Identifies and recommends improvements to procedures and software to improve accuracy, efficiency, and timeliness.
  • Regularly updates superiors of key issues through formal status reports as well as informally via e-mails, voice message and regular team interaction.
  • Resolves client questions, disputes, and data errors in the operations of settlement computations.
  • Develops strong working relationships with members of the Settlement Team, and promotes similar relationships with staff members of other ERCOT departments.
  • Support the Settlement Team and work with peers to accomplish team objectives and ERCOT initiatives.
  • Assists with projects, as necessary, to implement ERCOT's Commercial Operation Systems including future enhancements.


  • Bachelor's Degree : Business Administration, Engineering, Finance or other similar degrees or a combination of education and experience that provides equivalent knowledge to a major in such fields is required.


  • Entry level position up to 2 years (in excess of degree requirements stated above) of progressively responsible experience in electric utility industry
  • Comfortable working with excel including complex formulas
  • Comfortable working with relational data and data flow
  • Experience with SQL preferred

The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities.  It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned.  This job description is not intended to create a contract of employment with ERCOT.  Both ERCOT and the employee may exercise their employment-at-will rights at any time

Are you an ERCOT Employee? If so please log in to Workday to apply.

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