Tag Archives: New ERCOT CEO could earn more than $2.4 million a year

New ERCOT CEO Pablo Vegas, whose contract the Public Utility Commission approved Tuesday, could easily rake in more than $2 million a year, according to his contract. Vegas’ base salary to lead the Electric Reliability Council of Texas, which operates the state electricity grid, is $990,000 a year. Already that is nearly twice what his outgoing predecessor, interim CEO Brad Jones makes. …

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