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NPRR610

Summary

Title: Eliminate Late Fees and Late Fee Invoices
Next Group:
Next Step:
Status: Approved on 06/10/2014
Effective Dates:
07/01/2014

Action

Date Gov Body Action Taken Next Steps
06/10/2014 BOARD Approved
05/29/2014 TAC Recommended for Approval ERCOT Board for consideration.
05/15/2014 PRS Recommended for Approval TAC for consideration.
04/10/2014 PRS Recommended for Approval PRS for Impact Analysis review.

Voting Record

Date Gov Body Motion Result
06/10/2014 BOARD To approve NPRR610 as recommended by TAC in the 5/29/14 TAC Report. Passed
05/29/2014 TAC To recommend approval of NPRR610 as recommended by PRS in the 5/15/14 PRS Report. Passed
05/15/2014 PRS To endorse and forward the 4/10/14 PRS Report and Impact Analysis for NPRR610 to TAC. Passed
04/10/2014 PRS To recommend approval of NPRR610 as submitted. 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: Mar 26, 2014
Sponsor: ERCOT
Urgent: No
Sections: 9.1.2, 9.7.3, 9.7.4, 9.19, 9.19.2.2, 20.9.1, ERCOT Fee Schedule
Description: This Nodal Protocol Revision Request (NPRR) eliminates late fees and related Late Fee Invoices. The imposition of late fees has not been effective in deterring late payments by Settlement Invoice Recipients. The late fees charged have not exceeded $100. Section 16.11.6.2, ERCOT’s Remedies for Late Payments by a Market Participant, sufficiently addresses late payments.
Reason: Market efficiencies or enhancements.

Key Documents

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