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NPRR396

Summary

Title: Reduce Standard O&M Costs
Next Group:
Next Step:
Status: Approved on 09/20/2011
Effective Dates:
10/01/2011

Action

Date Gov Body Action Taken Next Steps
09/20/2011 BOARD Approved
09/01/2011 TAC Recommended for Approval ERCOT Board consideration of NPRR396
08/18/2011 PRS Recommended for Approval TAC consideration of NPRR396

Voting Record

Date Gov Body Motion Result
09/20/2011 BOARD To approve NPRR396 as recommended by TAC in the 9/1/11 TAC Report. Passed
09/01/2011 TAC To recommend approval of NPRR396 as amended by the 8/26/11 Austin Energy comments. Passed
08/18/2011 PRS To grant NPRR396 Urgent status, to recommend approval of NPRR396 as submitted, and to forward NPRR396 to 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: Jul 19, 2011
Sponsor: City of Eastland
Urgent: Yes
Sections: 5.6.1
Description: This Nodal Protocol Revision Request (NPRR) reduces the standard Operations and Maintenance (O&M) costs permitted to be used in lieu of actual, verifiable O&M costs by NPRR225, Standard Cost Option in Verifiable Costs, which was approved by the ERCOT Board in June 2010.
Reason: At the time of submittal of this NPRR, verifiable costs have been submitted for relatively few Resources, and of those Qualified Scheduling Entities (QSEs) or Resource Entities that have submitted verifiable costs, most have elected to utilize standard O&M costs. NPRR225 permitted Market Participants to use standard O&M costs in the verifiable costs process for the first year of the Nodal Market so as to permit Market Participants additional time to collect and submit actual O&M data and to allow QSEs and Resource Entities to focus on the Nodal Go-Live process. This NPRR provides an additional incentive to submit verifiable costs that include actual O&M data during the years subsequent to 2011.

Key Documents

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