To approve NPRR1123 and accompanying ERCOT Market Impact Statement as presented in Project No. 52934, Review of Rules Adopted by the Independent Organization
To grant NPRR1123 Urgent status; to recommend approval of NPRR1123 as revised by PRS; and to forward to TAC NPRR1123 and the Impact Analysis
Passed
Background
Status:
Approved
Date Posted:
Feb 24, 2022
Sponsor:
ERCOT
Urgent:
Yes
Sections:
27.2.1 (new), 27.5.3, and 27.5.4
Description:
This NPRR provides for initial assessment of Securitization Uplift Charge escrow deposits based on Counter-Party initial estimated Adjusted Meter Load. In addition, the NPRR clarifies that funds provided for Securitization Uplift Charge escrow deposits must be sent to the correct account to be properly credited, and also provides a process for return of securitization proceeds if required by statute or the Debt Obligation Order (DOO) in Public Utility Commission of Texas (PUCT) Docket No. 52322.
Reason:
Addresses current operational issues / Market efficiencies or enhancements