MIS LOG IN

NPRR163

Summary

Title: Removal of Late Fee Language
Next Group:
Next Step:
Status: Approved on 05/20/2009
Effective Dates:
12/01/2010

or per the Nodal Protocol Transition Plan http://www.ercot.com/mktrules/protocols (06/01/09 Nodal Protocols Library)

Action

Date Gov Body Action Taken Next Steps
05/20/2009 BOARD Approved
04/23/2009 PRS Recommended for Approval TAC consideration
11/20/2008 PRS Referred
03/19/2009 PRS Recommended for Approval PRS consider the Recommendation Report and Impact Analysis
05/07/2009 TAC Recommended for Approval Board consideration

Voting Record

Date Gov Body Motion Result
05/20/2009 BOARD Approve NPRR163 as recommended by TAC. Passed
04/23/2009 PRS To endorse and forward the PRS Recommendation Report and Impact Analysis for NPRR163 to TAC Passed
11/20/2008 PRS To refer NPRR163 to the Transition Plan Task Force (TPTF). Passed
03/19/2009 PRS To recommend approval of NPRR163 as submitted. Passed
05/07/2009 TAC To recommend approval of NPRR163 as recommended by PRS. Passed

Vote tallies here reflect individual votes, not the weight of the votes by market segment. Affirmative votes are not recorded in these vote tallies. For additional details on the voting record, please consult the Recommendation or Action Report, or the official vote tally if available, as posted in the key documents.

Background

Status: Approved
Date Posted: Nov 11, 2008
Sponsor: Keely Hilton
Urgent: No
Sections: 16.11.6.3, Late Payment Fee
Description: This NPRR removes the concept of late fees calculated on all delinquent amounts. Section 9, Settlements and Billing clearly states that l ate fees are only calculated on delinquent Day-Ahead Market (DAM), Real-Time Market (RTM) and RTM uplift amounts. The late payment fee language in Section 16 conflicts with late fee procedures detailed in Section 9.4.5, Late Fees and Late Fee Invoices for the DAM and 9.7.5 Late Fees and Late Fee Invoices for the RTM.
Reason: Remove conflicting instructions for late fees.

Key Documents

Related Content