Texas RE operates under an Ethics and Conflicts of Interest Corporate Policy that
requires Texas RE employees, officers, consultants and Board Directors to perform job, engagement,
and board services, ethically, with integrity, and to refrain from situations
where they have any conflict of interest. Texas RE personnel are also required to comply with Texas RE’s Confidentiality and Information Classification
Corporate Policy, and with the Corporate Governance and Authority Corporate Policy, which requires personnel to
comply with all applicable: (1) Federal and state laws; (2) NERC Rules of Procedure and NERC Reliability Standards; (3) FERC rules and regulations; and so long as Texas RE performs non-statutory activities, PUCT rules and regulations.
As part of Texas RE’s commitment to uphold its principles of business conduct, all Board Directors, employees, and
contractors sign an ethics agreement that requires them to conduct Texas RE’s business legally, with integrity
and total objectivity, and in compliance with all laws, rules, regulations, and NERC and Texas RE policies and procedures. The agreement specifically requires that all Texas RE personnel (1) maintain confidentiality of registered entity and market participant confidential information in
accordance with the NERC Rules of Procedure and the ERCOT Protocols, and (2) disclose any possible conflicts of interest.
Employees and contractors must sign and reaffirm the Texas RE Ethics Agreement annually, reinforcing Texas RE’s
commitment to integrity and ethical business operations.
Texas RE requests that it be promptly notified of any ethics or confidentiality violations by Texas RE personnel. Anyone who
has suspicions of any violation of the Texas RE Ethics Agreement may provide notification through the organizational
chain of command, to the Texas RE Legal Department, or through Texas RE’s confidential third-party reporting
service, Compliance Hotline. The Compliance Hotline may also be used to report a possible violation of a
NERC Reliability Standard or ERCOT Protocol by any entity.
You may submit a report through
Ethics and Compliance Hotline
or by calling 1-888-242-6340. Reporting parties may choose to remain anonymous.
Texas RE has an important responsibility to support and enhance reliability across the ERCOT region by encouraging a
culture of compliance among all users, owners, and operators of the BPS. To that end, Texas RE
is always mindful of the importance of maintaining high standards of ethical and professional conduct.