Credit
In this section, find forms and documents used in evaluating Applicants and Counter-Parties for participation in the ERCOT administered market. Documents are also included that define parameters used in determining exposure.
Forms and documents
Credit Application
Information required by ERCOT for the evaluation of credit for entities desiring to enter the ERCOT market.
Dec 14, 2016 - docx - 45.6 KB
Apr 17, 2025 - xls - 94.5 KB
ERCOT Letter of Credit Concentration Limits
The ERCOT Letter of Credit Concentration Limits report provides current available capacity for each Letter of Credit issuer based on concentration limits.
Aug 30, 2018 - pdf - 249.3 KB
Financial Security Documents
Counter-Parties use the following forms to fulfill financial security requirements.
Letter of Credit
Used to establish a Letter of Credit.
Sep 1, 2023 - docx - 53.9 KB
Surety Bond
Used to establish a Surety Bond.
Sep 1, 2023 - docx - 56.7 KB
Letter of Credit for Securitization Default Charges Under PURA Chapter 39, Subchapter M
Used to establish a Letter of Credit to maintain securitization Default Charge escrow deposits.
Mar 31, 2022 - docx - 52.9 KB
May 13, 2022 - docx - 52.7 KB