About TEPA

PURPOSE
The Texas Electricity Professionals Association (TEPA) is a self-regulating body aimed at standardizing processes and ensuring aggregators, brokers, and consultants (A/B/C) maintain an acceptable level of market knowledge and responsibility while transacting in the marketplace. Members of the A/B/C indirect sales channel community have come together with a common goal to provide a forum for developing common interests and upholding the integrity and maintaining the honor in the business of the deregulated retail electricity market in Texas.

BACKGROUND INFORMATION
In any new and emerging market, there are often times a plethora of new market participants which transact in the new market. As the ERCOT market progresses through the transition period, there have been many “electricity aggregators, brokers, and consultants” operating within ERCOT.

There are currently no state mandates regulating these A/B/C third-party sales channels, there is however an aggregators license. There has not been a baseline established as to how customers, indirect sales representatives, and suppliers are to interact in the marketplace. This has produced a need for an organization such as TEPA. The charter members of this organization are representatives from companies committed to furthering the deregulated retail electric market in Texas; these companies have worked together to define the core values of the organization. This includes the “Code of Conduct,” standardization of applicable forms and materials, and other items which characterize the organization.

ETHICAL STANDARDS
No part of the net earnings of the organization will benefit any private shareholder or individual and this association is not organized for profit. It will be primarily supported by membership dues and other income from activities related to its exception purpose.

No part of the net earnings of the corporation shall inure to the benefit of, or be distributable to its members, trustees, officers, or other private persons, except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the organizations purposes. No substantial part of the activities of the corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of or in opposition to any candidate for public office. Notwithstanding any other provision of these articles, this corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the purposes of this corporation.