NPRR #17 · Revision Request
NPRR017 Discontinuation of Interest Charge for Defaulting Entities at Time of Uplift
ReasonCurrently, the Interest is calculated on any unpaid balance. At 180 days ERCOT must uplift the total short pay amount, excluding late fees. The protocols state that late fees are not uplifted therefore the late fees are continually being compounded. At the time when uplift conditions are met the interest calculation should be discontinued. This NPRR will mirror the PRR of the same title.
Created2006-09-21
Approved2006-10-17
Sections Affected
9.7.39.7.5
Summary
This PRR allows ERCOT to cease the calculation of interest (Late Fees) for defaulting entities when the conditions initiating uplift are met. Late Fee calculations will continue for Short paying entities until uplift conditions are met.
Action Log 5 milestones
-
Sep 21
PRSRecommended for Approval→ TAC consideration
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Oct 6
TACRecommended for Approval→ Board consideration
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Oct 17
BOARDApproved→ Effective Upon Texas Nodal Market Implementation
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Jun 12
PRSRecommended for Approval→ TAC review of Baseline 1 Group 1 Impact Analysis
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Jun 28
TAC
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Sep 21 '06 | PRS | To recommend approval as revised by ERCOT Staff comments. | Passed |
Documents 9
| Name | Type | Posted | Classification |
|---|---|---|---|
| 017NPRR-01 Discontinuation of Interest Charge for Defaulting Ent | doc | Aug 10 '06 | Revision Request |
| 017NPRR-02 Impact Analysis 081606 | doc | Aug 16 '06 | Staff Report |
| 017NPRR-03 ERCOT Comments 081606 | doc | Aug 16 '06 | Revision Request Comments |
| 017NPRR-04 COPS Comments 082206 | doc | Aug 23 '06 | Revision Request Comments |
| 017NPRR-05 PRS Recommendation Report 092106 | doc | Sep 26 '06 | Committee Report |
| 017NPRR-06 TAC Recommendation Report 100606 | doc | Oct 6 '06 | Committee Report |
| 017NPRR-07 BOD Action Report 101706 | doc | Oct 19 '06 | Committee Report |
| 017NPRR-08 B1G1 Impact Analysis 060507 | doc | Jun 14 '07 | Staff Report |
| 017NPRR-09 PRS Recommendation Report 061207 | doc | Jun 13 '07 | Committee Report |
Meetings That Took It Up 8
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Jun 12 '07 | PRS and TPTF: Joint Meeting | PRS | Concluded |
| Nov 2 '06 | TAC Meeting | TAC | Concluded |
| Oct 19 '06 | PRS Meeting | PRS | Concluded |
| Oct 17 '06 | ERCOT Board of Directors Meeting | BOARD | Concluded |
| Oct 6 '06 | TAC Meeting | TAC | Concluded |
| Sep 21 '06 | PRS Meeting | PRS | Concluded |
| Aug 22 '06 | COPS Meeting | COPS | Concluded |
| Aug 17 '06 | PRS Meeting | PRS | Concluded |