NPRR #1122 · Revision Request
NPRR1122 Clarifications for PURA Subchapter M Securitization Default Charges
ReasonAddresses current operational issues / Market efficiencies or enhancements
Created2022-03-09
Approved2022-05-12
Sections Affected
26.5.326.5.4and 26.5.7
Summary
This Nodal Protocol Revision Request (NPRR) clarifies that ERCOT shall retain all Securitization Default Charge escrow deposits to cover, if necessary, potential future obligations for Securitization Default Charges, without the limitation that this is only after termination of a Market Participant’s Standard Form Market Participant Agreement. In addition, the NPRR clarifies that funds provided for Securitization Default Charge escrow deposits must be sent to the correct account to be properly credited. Finally, this NPRR corrects a subscript definition error in the Securitization Default Charge Maximum MWh Activity Ratio Share.
Action Log 4 milestones
-
Mar 9
PRSRecommended for Approval→ TAC for consideration
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Mar 30
TACRecommended for Approval→ Board for consideration
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Apr 28
BOARDRecommended for Approval→ PUCT for consideration
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May 12
PUCTApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Mar 9 '22 | PRS | To grant NPRR1122 Urgent status; to recommend approval of NPRR1122 as revised by PRS; and to forward to TAC NPRR1122 and the Impact Analysis | Passed |
| Mar 30 '22 | TAC | To recommend approval of NPRR1122 as recommended by PRS in the 3/9/22 PRS Report; and the Revised Impact Analysis | Passed |
Ballots
| Date | Body | Result | Yes | No | Abstain | |
|---|---|---|---|---|---|---|
| Mar 30 '22 | TAC | Motion Passes | 30 | 0 | 0 | xls |
| Mar 9 '22 | PRS | Motion Carries | 7 | 0 | 0 | xls |
Documents 10
| Name | Type | Posted | Classification |
|---|---|---|---|
| 1122NPRR-01 Clarifications for Securitization Default Charges 022422 | docx | Feb 24 '22 | Revision Request |
| 1122NPRR-02 Impact Analysis 022422 | docx | Feb 24 '22 | Staff Report |
| 1122NPRR-03 PRS Ballot 030922 | xls | Mar 10 '22 | Revision Request Ballot |
| 1122NPRR-04 PRS Report 030922 | docx | Mar 10 '22 | Committee Report |
| 1122NPRR-05 Credit WG Comments 031522 | docx | Mar 15 '22 | Revision Request Comments |
| 1122NPRR-06 Revised Impact Analysis 032122 | docx | Mar 21 '22 | Staff Report |
| 1122NPRR-07 TAC Ballot 033022 | xls | Apr 1 '22 | Revision Request Ballot |
| 1122NPRR-08 TAC Report 033022 | docx | Apr 1 '22 | Committee Report |
| 1122NPRR-09 Board Report 042822 | docx | Apr 29 '22 | Committee Report |
| 1122NPRR-10 PUCT Report 051222 | docx | May 17 '22 | Committee Report |
Meetings That Took It Up 3
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Apr 28 '22 | Board of Directors Meeting | BOARD | Concluded |
| Mar 30 '22 | TAC Meeting | TAC | Concluded |
| Mar 9 '22 | PRS Meeting by Webex Only | PRS | Concluded |