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NPRR225

Summary

Title: Standard Cost Option in Verifiable Costs
Next Group:
Next Step:
Status: Approved on 06/15/2010
Effective Dates:
12/01/2010

or per the Nodal Protocol Transition Plan http://www.ercot.com/mktrules/protocols (07/01/10 Nodal Protocols Library)

Action

Date Gov Body Action Taken Next Steps
04/22/2010 PRS Recommended for Approval PRS Impact Analysis review
05/20/2010 PRS Recommended for Approval TAC consideration of NPRR225
06/15/2010 BOARD Approved
06/03/2010 TAC Recommended for Approval ERCOT Board consideration of NPRR225

Voting Record

Date Gov Body Motion Result
04/22/2010 PRS To recommend approval of NPRR225 as amended by the 4/22/10 CPS Energy comments and as revised by PRS. Passed
05/20/2010 PRS To endorse and forward the 4/22/10 PRS Report, as amended by the 5/11/10 ERCOT comments, and Impact Analysis for NPRR225 to TAC. Passed
06/15/2010 BOARD To approve NPRR225 as recommended by TAC in the 6/3/10 TAC Report. Passed
06/03/2010 TAC To recommend approval of NPRR225 as recommended by PRS in the 5/20/10 PRS Report as revised by TAC. 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: Apr 11, 2010
Sponsor: WMS
Urgent: No
Sections: 5.6.1, 5.6.1.1, 5.6.1.2
Description: This Nodal Protocol Revision Request (NPRR) provides the option for the election of standard Operations and Maintenance (O&M) costs as a component of Startup Costs and minimum energy costs in place of filing verifiable costs through January 1, 2012. Additional non-substantive administrative revisions, such as correcting acronym and defined term usage, are shown with the author "ERCOT Market Rules."
Reason: Election of standard O&M costs is intended to relieve the burden of gathering complex O&M cost data that may not be in a retrievable format or has legal complications that prevent Generation Resources from being able to submit verifiable costs in accordance with Section 5.6.1 and in compliance with the Verifiable Cost Manual.

Key Documents

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