General

Thu, Oct 01, 2020 10:06 AM

M-A100120-01 ERCOT Membership Application for 2021 Membership Year Now Available


NOTICE DATE:  October 1, 2020

NOTICE TYPE:  M-A100120-01 General

SHORT DESCRIPTION:  ERCOT Membership Application for 2021 Membership Year Now Available

INTENDED AUDIENCE:  Entities interested in becoming 2021 ERCOT Members

DAY AFFECTED:  November 6, 2020

LONG DESCRIPTION:  On October 1, 2020, ERCOT distributed the ERCOT Membership Application and Agreement (Application) for the 2021 Membership Year via email to all 2020 ERCOT Members. The Application for the 2021 Membership Year may be found on the Membership page of the ERCOT website at http://www.ercot.com/about/governance/members.  Market Participants may become, but are not required to be, ERCOT Members, subject to the requirements of the ERCOT Bylaws.  A Member Applicant may join as a Corporate, Associate or Adjunct Member.  Corporate Membership includes the right to vote on matters submitted to the general Membership, such as election of certain members of the ERCOT Board of Directors (Board), election of Technical Advisory Committee (TAC) Representatives and members of TAC subcommittees, and amendments to the Certificate of Formation (formerly known as the Articles of Incorporation) and the ERCOT Bylaws.

ERCOT Membership terms are for no more than one Membership Year and do not renew automatically. The 2021 Membership Year begins on January 1, 2021, and ends on December 31, 2021.  In order to become an ERCOT Member for the 2021 Membership Year, an authorized representative of the applying entity must complete and sign the Application, pay the applicable Annual Member Dues required by ERCOT Bylaws Section 3.4, and receive electronic confirmation of approval from ERCOT. 

As a result of the Coronavirus-19 pandemic, ERCOT has implemented a mandatory work-from-home policy for all ERCOT staff not required to be on site to fulfill ERCOT’s functions. During this time, ERCOT has reduced staff available to receive, distribute, and manage incoming postal mail, deliveries and faxes on a daily basis. As such, ERCOT requests submission of all Annual Member Dues by wire transfer. Contact ERCOT at membership@ercot.com for electronic funds transfer instructions. Annual Member Dues are payable as follows:

Member Category

Annual Dues ($)

Corporate (General) – Voting

2,000

•       Residential Consumer - Corporate

100

•       Office of Public Utility Counsel - Corporate

Complimentary

•     Appointed Residential Consumer TAC Rep. -     Corporate

Complimentary

•       Commercial Consumer – Corporate

100

Associate (General) – Non-voting

500

•       Residential Consumer – Associate

50

•       Commercial Consumer – Associate

50

Adjunct – Non-voting

500

 

Any Member may request that the Member’s Annual Member Dues be waived for good cause shown.  Annual Member Dues are not prorated even if Membership is approved by ERCOT after the 2021 Membership Year has begun.

The confirmation of the members of the Board and announcement of the members of TAC for the 2021 year will occur at the Fiftieth Annual Membership Meeting on December 8, 2020.  In accordance with the ERCOT Bylaws, the Record Date for 2021 ERCOT Corporate Members to vote on the confirmation of the members of the Board for 2021 is Friday, November 6, 2020.  An entity would have to be approved by ERCOT in writing as a Corporate Member for the Membership Year 2021 no later than the Record Date of November 6, 2020, in order to cast votes at the Annual Membership Meeting on December 8, 2020.

Given that the Application must be reviewed by ERCOT for approval, those interested in applying for Membership should do so well in advance of November 6, 2020, to avoid potential delays that could affect the start date of Membership (such as questions related to Segment eligibility and requests for additional information). For the above-stated reasons in connection with the Coronavirus-19 pandemic, ERCOT requests submission of all signed Applications for the 2021 Membership Year by email to Membership@ercot.com.

ADDITIONAL INFORMATION:  For more information or to obtain a copy of the ERCOT Bylaws and Certificate of Formation, please visit ERCOT’s website at http://www.ercot.com/about/governance.  Other related Membership information, including the Application form, is posted on the Membership page of the ERCOT website at http://www.ercot.com/about/governance/members.

CONTACT:  If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at ClientServices@ercot.com.

If you are receiving emails from a public ERCOT distribution list that you no longer wish to receive, please follow this link in order to unsubscribe from this list: http://lists.ercot.com.

mm