MIS LOG IN

PRR679

Summary

Title Revision to NLRI Formula and Other Credit Requirements
Next Group
Next Step
Status Approved on 01/16/2007
Effective Dates
02/01/2007

Action

Date Gov Body Action Taken Next Steps
01/16/2007 BOARD Approved
12/01/2006 TAC Recommended for Approval Board consideration
11/16/2006 PRS Recommended for Approval TAC consideration
09/21/2006 PRS Recommended for Approval Impact Analysis review

Voting Record

Date Gov Body Motion Result
01/16/2007 BOARD To approve as recommended by TAC. Passed
12/01/2006 TAC To recommend approval of PRR679 as recommended by PRS. Passed
11/16/2006 PRS To recommend approval of PRR679 as revised by comments submitted by the Credit WG and NRG Texas. PRS also voted to endorse the IA. Passed
09/21/2006 PRS To recommend approval as submitted. Passed

Background

Status: Approved
Date Posted: Aug 1, 2006
Sponsor: Credit Working Group
Urgent: No
Sections: 16.2.7.4, 16.2.8, 16.2.9, 16.2.9.1, 16.2.9.1.1, 16.2.9.1.2, 6.2.9.1.3, 16.2.9.1.4,
Description: Several changes are proposed, with the three primary changes being: (1) Change the formula for Net Load Imbalance Liability and Net Resource Imbalance Liability (NLRI) to better match with Nodal formula “ perform calculation on a more detailed level using entity specific pricing rather than WA_MCPE pricing (2) Require/allow ERCOT to withhold payment from entities that have exceeded their EAL or NLRI. (3) Address request by RMS/Texas Set to add requirement that QSEs (that are LSEs) and are in Payment Default to provide ESID information on their customers
Reason: 1) Changes are proposed to make the NLRI calculation more consistent with the Nodal formula. 2) and 3) Changes are proposed to strengthen ERCOT™s position by holding payments, if needed and by obtaining customer information more timely, if needed

Key Documents

Related Content