The Board voted on a motion to grant CNE's appeal of the TAC decision and approve PRR674 as submitted, effective until the earlier of February 1, 2007 or the implementation of PRR676. The Board also directed ERCOT Staff to report the impacts of PRR674 on the Balancing Energy market to the Board in November, 2006.
This PRR temporarily alters the settlement equations for the RPRS Under Scheduled charge.
Reason:
Current settlement of the RPRS Under Scheduled Charge is improper. This PRR temporarily alters the settlement, uplifting the cost of RPRS on a load ratio share, until issues relating to RPRS are corrected. Once a new PRR to address all of the issues brought up the board meeting is approved, this revision will no longer be needed.