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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
Jun 13, 2022 - xls - 64.5 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.
Aug 30, 2018 - docx - 48.9 KB
Surety Bond
Used to establish a Surety Bond.
Jan 24, 2020 - docx - 55.8 KB
Guarantee Agreement
Used to execute a Guarantee Agreement.
Dec 13, 2016 - docx - 62.1 KB
Third Party Guarantee Agreement
Used to execute a Guarantee Agreement through a third party.
Dec 13, 2016 - docx - 60.4 KB
Foreign Guarantee Agreement
Used to execute a Foreign Guarantee Agreement.
Dec 13, 2016 - docx - 64.1 KB
Third Party Foreign Guarantee Agreement
Used to execute a Foreign Guarantee Agreement through a third party.
Dec 13, 2016 - docx - 64.8 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