To recommend approval of NPRR163 as recommended by PRS.
Nov 11, 2008
126.96.36.199, Late Payment Fee
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.