Title RPRS Uplift Charge and Under Scheduled Charge Correction
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Status Rejected on 05/24/2006


Date Gov Body Action Taken Next steps
07/06/2006 TAC Rejected Board notification
06/22/2006 PRS Recommended for Approval Consideration by TAC
05/24/2006 PRS Rejected Initial Language Review

Voting Record

Date Gov Body Motion Result
07/06/2006 TAC Recommend approval of PRR667 as submitted by PRS. Failed
06/22/2006 PRS Recommend approval as revised by Constellation's comments. Passed
05/24/2006 PRS Motion to grant urgent status Failed


Status: Rejected
Date Posted: May 22, 2006
Sponsor: Constellation Energy
Urgent: Yes
Sections:, Specific Procurement Process Requirements for Replacement Reserve Service in the Adjustment Period;, Settlement for RPRS
Description: This PRR will correct an over collection and inequitable negative uplift charge, aligning RPRS payments with RPRS procurement costs.
Reason: When ERCOT procures PCRP, it collects more payments then are required to pay resources for the procurements, then uplifts the excess revenue collected on a load ratio share. This presents a gaming opportunity. This PRR fixes this issue and eliminates the ability to game the market due to over-collections period.

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