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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 |
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
Mar 26, 2014 - doc - 105 KB
Mar 26, 2014 - doc - 54.5 KB
Apr 14, 2014 - doc - 112 KB
May 19, 2014 - doc - 111.5 KB
May 30, 2014 - doc - 114.5 KB
Jun 12, 2014 - doc - 116.5 KB