NPRR #1184 · Revision Request
NPRR1184 Update to Procedures for Managing Interest on Cash Collateral
ReasonMarket efficiencies or enhancements
Created2023-06-14
Approved2023-11-30
Sections Affected
16.11.316.11.4.7
Summary
This Nodal Protocol Revision Request (NPRR) clarifies ERCOT’s management of interest received by ERCOT and owed to Counter-Parties for posted Cash Collateral, and requires ERCOT to credit Counter-Party Collateral accounts for interest on a monthly basis, as opposed to the current annual process. Additionally, this NPRR requires ERCOT to report the interest calculation.
Action Log 6 milestones
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Jun 14
PRSRecommended for Approval→ Impact Analysis Consideration
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Jul 13
PRSDeferred/Tabled→ Impact Analysis Consideration
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Sep 13
PRSRecommended for Approval→ Revision Request Consideration
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Sep 26
TACRecommended for Approval→ Revision Request Consideration
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Oct 17
BOARDRecommended for Approval→ Revision Request Consideration
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Nov 30
PUCTApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Sep 13 '23 | PRS | to endorse and forward to TAC the 7/13/23 PRS Report as amended by the 9/11/23 ERCOT comments and 9/6/23 Impact Analysis for NPRR1184 with a recommended priority of 2024 and rank of 4060 for Phase 2 | Passed |
Ballots
| Date | Body | Result | Yes | No | Abstain | |
|---|---|---|---|---|---|---|
| Sep 26 '23 | TAC | Motion Passes | 30 | 0 | 0 | xls |
| Sep 13 '23 | PRS | Motion Carries | 6 | 0 | 0 | xls |
| Jul 13 '23 | PRS | Motion Carries | 7 | 0 | 0 | xls |
| Jun 14 '23 | PRS | Motion Carries | 7 | 0 | 0 | xls |
Documents 17
| Name | Type | Posted | Classification |
|---|---|---|---|
| 1184NPRR-01 Update to Procedures for Managing Interest on Cash Collateral 053023 | doc | May 30 '23 | Revision Request |
| 1184NPRR-02 PRS Ballot 061423 | xls | Jun 16 '23 | Revision Request Ballot |
| 1184NPRR-03 PRS Report 061423 | doc | Jun 16 '23 | Committee Report |
| 1184NPRR-04 CFSG Comments 062623 | docx | Jun 26 '23 | Revision Request Comments |
| 1184NPRR-05 ERCOT Comments 070623 | doc | Jul 6 '23 | Revision Request Comments |
| 1184NPRR-06 ERCOT Comments 071023 | doc | Jul 10 '23 | Revision Request Comments |
| 1184NPRR-07 PRS Ballot 071323 | xls | Jul 18 '23 | Revision Request Ballot |
| 1184NPRR-08 PRS Report 071323 | doc | Jul 18 '23 | Committee Report |
| 1184NPRR-09 ERCOT Comments 080223 | doc | Aug 2 '23 | Revision Request Comments |
| 1184NPRR-10 Impact Analysis 090623 | docx | Sep 6 '23 | Staff Report |
| 1184NPRR-11 ERCOT Comments 091123 | doc | Sep 11 '23 | Revision Request Comments |
| 1184NPRR-12 PRS Ballot 091323 | xls | Sep 18 '23 | Revision Request Ballot |
| 1184NPRR-13 PRS Report 091323 | doc | Sep 18 '23 | Committee Report |
| 1184NPRR-14 TAC Ballot 092623 | xls | Sep 28 '23 | Revision Request Ballot |
| 1184NPRR-15 TAC Report 092623 | doc | Sep 28 '23 | Committee Report |
| 1184NPRR-16 Board Report 101723 | doc | Oct 20 '23 | Committee Report |
| 1184NPRR-17 PUCT Report 113023 | doc | Dec 4 '23 | Committee Report |
Meetings That Took It Up 7
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Oct 19 '23 | CFSG Meeting | CFSG | Concluded |
| Oct 17 '23 | Board of Directors Meeting | BOARD | Concluded |
| Sep 26 '23 | TAC Meeting | TAC | Concluded |
| Sep 13 '23 | PRS Meeting | PRS | Concluded |
| Aug 10 '23 | PRS Meeting | PRS | Concluded |
| Jul 13 '23 | PRS Meeting | PRS | Concluded |
| Jun 14 '23 | PRS Meeting | PRS | Concluded |