Issues

NPRR017

Summary
Action
Voting Record
Background
Key Documents

Summary

Title	Discontinuation of Interest Charge for Defaulting Entities at Time of Uplift
Next Group
Next Step
Status	Approved on 10/17/2006
Effective Dates	12/01/2010 or per the Nodal Protocol Transition Plan http://www.ercot.com/mktrules/protocols (11/01/06 Nodal Protocols Library)

Action

Date	Gov Body	Action Taken	Next steps
06/28/2007	TAC
06/12/2007	PRS	Recommended for Approval	TAC review of Baseline 1 Group 1 Impact Analysis
10/17/2006	BOARD	Approved	Effective Upon Texas Nodal Market Implementation
10/06/2006	TAC	Recommended for Approval	Board consideration
09/21/2006	PRS	Recommended for Approval	TAC consideration

Date

Gov Body

Action Taken

Next steps

06/28/2007

TAC

06/12/2007

PRS

Recommended for Approval

TAC review of Baseline 1 Group 1 Impact Analysis

10/17/2006

BOARD

Approved

Effective Upon Texas Nodal Market Implementation

10/06/2006

TAC

Recommended for Approval

Board consideration

09/21/2006

PRS

Recommended for Approval

TAC consideration

Voting Record

Date	Gov Body	Motion	Result
06/28/2007	TAC	No Action.
06/12/2007	PRS	To endorse the B1G1 IAs and forward the documents to TAC.	Passed
10/17/2006	BOARD	To approve as recommended by TAC.
10/06/2006	TAC	To recommend approval of NPRR017 as recommended by PRS.	Passed
09/21/2006	PRS	To recommend approval as revised by ERCOT Staff comments.	Passed

Date

Gov Body

Motion

Result

06/28/2007

TAC

No Action.

06/12/2007

PRS

To endorse the B1G1 IAs and forward the documents to TAC.

Passed

10/17/2006

BOARD

To approve as recommended by TAC.

10/06/2006

TAC

To recommend approval of NPRR017 as recommended by PRS.

Passed

09/21/2006

PRS

To recommend approval as revised by ERCOT Staff comments.

Passed

Background

Status:	Approved
Date Posted:	Aug 10, 2006
Sponsor:	TXU Energy
Urgent:	No
Sections:	9.7.3, 9.7.5
Description:	This PRR allows ERCOT to cease the calculation of interest (Late Fees) for defaulting entities when the conditions initiating uplift are met. Late Fee calculations will continue for Short paying entities until uplift conditions are met.
Reason:	Currently, the Interest is calculated on any unpaid balance. At 180 days ERCOT must uplift the total short pay amount, excluding late fees. The protocols state that late fees are not uplifted therefore the late fees are continually being compounded. At the time when uplift conditions are met the interest calculation should be discontinued. This NPRR will mirror the PRR of the same title.