Entergy Texas, Inc. (ETI-P)
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Entergy Texas, Inc. Profile
| Electric Utilities Industry | Utilities Sector | Eliecer Viamontes CEO | NYSE Exchange | 29365T302 CUSIP |
| US Country | 741 Employees | 2 Jul 2026 Last Dividend | - Last Split | - IPO Date |
Overview
Entergy Texas, Inc., founded in 1998, stands out as a significant player in the energy sector within Texas, delivering electric power to a diverse range of customers, including residential, commercial, industrial, and government sectors. Headquartered in The Woodlands, Texas, the company excels in generating, transmitting, and distributing electric power, primarily leveraging coal as its source of energy. As a subsidiary of Entergy Corporation, a major energy company, Entergy Texas, Inc. is part of a larger family of companies providing energy services across various states, embodying a commitment to both efficiency and sustainability in its operations.
Products and Services
- Electric Power Generation:
Entergy Texas, Inc. specializes in the generation of electric power primarily through coal, a significant source of energy that supports the electricity needs of a vast number of households and businesses in Texas. By utilizing coal, the company ensures the availability of reliable and continuous power supply to meet the ever-growing energy demands of its diverse customer base.
- Transmission Services:
The company is also involved in the transmission of electric power, an essential service that involves the high-voltage transfer of electricity from power plants to substations before it is distributed to end-users. Entergy Texas, Inc.'s transmission services are crucial for maintaining the integrity and reliability of the electric grid, ensuring that consumers have access to safe and uninterrupted power.
- Distribution Services:
Following the transmission process, Entergy Texas, Inc. takes charge of distributing electric power to residential, commercial, industrial, and government sectors. This involves a lower voltage distribution compared to transmission and is the final step before electricity reaches consumers. The company's distribution network is engineered to efficiently deliver power within its service area, meeting the specific needs of each sector it serves.
