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PRR638

Summary

Title Change Settlement Invoice Due Date from 16 Calendar Days to Five Business Days
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Status Approved on 02/21/2006
Effective Dates
04/01/2006

Voting Record

Date Gov Body Motion Result
02/21/2006 BOARD Approval of PRR638 as recommended by TAC Passed
02/02/2006 TAC Recommended that the effective date of PRR638 be changed from March 1, 2006 to April 1, 2006 as recommended by COPS Passed
01/12/2006 TAC Recommend approval of PRR638 as submitted Passed
12/16/2005 PRS Recommend approval with ERCOT revisions Passed
11/17/2005 PRS Recommend approval of PRR638 as revised by PRS and accept ERCOT's comments Passed

Background

Status: Approved
Date Posted: Oct 4, 2005
Sponsor: COPS
Urgent: No
Sections: 9.3
Description: Changes the Settlement Invoice Due Date from sixteen (16) calendar days to five (5) Business Days. NOTE: There is no change to Protocol Sections 9.4.1 (2) and 9.4.3; that is, ERCOT payments occur on the next Business Day following the QSE payment date.
Reason: Reduce credit exposure.

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