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NPRR795

Summary

Title: Provisions for Refunds of Capital Contributions Made in Connection with an RMR Agreement
Next Group:
Next Step:
Status: Approved on 10/11/2016
Effective Dates:
10/12/2016

Action

Date Gov Body Action Taken Next Steps
10/11/2016 BOARD Approved
09/29/2016 TAC Recommended for Approval Board for consideration
09/15/2016 PRS Recommended for Approval TAC for consideration
08/11/2016 PRS Deferred/Tabled PRS for consideration

Voting Record

Date Gov Body Motion Result
10/11/2016 BOARD To approve NPRR795 as recommended by TAC in the 9/29/16 TAC Report Passed
09/29/2016 TAC To recommend approval of NPRR795 as recommended by PRS in the 9/15/16 PRS Report as amended by the 9/28/16 TIEC comments and revised by TAC Passed
09/15/2016 PRS To recommend approval of NPRR795 as amended by the 9/12/16 Reliant comments with a recommended effective date of October 12, 2016; and to forward the Impact Analysis to TAC Passed
08/11/2016 PRS To grant NPRR795 Urgent status; to table NPRR795 and refer the issue to WMS 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: Aug 2, 2016
Sponsor: ERCOT
Urgent: Yes
Sections: 3.14.1.15 (new) and 6.6.6.6 (new)
Description: This Nodal Protocol Revision Request (NPRR) creates a mechanism by which capital expenditures funded by ERCOT under a Reliability Must-Run (RMR) Agreement may be refunded subsequent to the termination of the RMR Agreement. If the Generation Resource returns to commercial operations, the refund is based on depreciated book value of the capitalized expenditures. Otherwise the refund is based on the salvage value associated with the capitalized expenditures. This is similar to refunds of capital contributions that may be required for capacity procured under the provisions of Section 6.5.1.1, ERCOT Control Area Authority.
Reason: Market efficiencies or enhancements

Key Documents

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