Issues

PRR817

Summary
Action
Voting Record
Background
Key Documents

Summary

Title	Cease Late Payment Charges for Defaulted Entities
Next Group
Next Step
Status	Approved on 10/20/2009

Action

Date	Gov Body	Action Taken	Next Steps
10/20/2009	BOARD	Approved
09/03/2009	TAC	Recommended for Approval	BOD consideration
08/25/2009	PRS	Recommended for Approval	TAC consider the PRS Recommendation Report and IA
07/23/2009	PRS	Recommended for Approval	PRS consider Recommendation Report and Impact Analysis

Date

Gov Body

Action Taken

Next Steps

10/20/2009

BOARD

Approved

09/03/2009

TAC

Recommended for Approval

BOD consideration

08/25/2009

PRS

Recommended for Approval

TAC consider the PRS Recommendation Report and IA

07/23/2009

PRS

Recommended for Approval

PRS consider Recommendation Report and Impact Analysis

Voting Record

Date	Gov Body	Motion	Result
10/20/2009	BOARD	Approved PRR817 as recommended by TAC in the 9/3/09 TAC Recommendation Report.	Passed
09/03/2009	TAC	To recommend approval of PRR817 as recommended by PRS in the 8/25/09 PRS Recommendation Report.	Passed
08/25/2009	PRS	To endorse and forward the 7/23/09 PRS Recommendation Report and Impact Analysis for PRR817 to TAC.	Passed
07/23/2009	PRS	To recommend approval of PRR817 as submitted.	Passed

Date

Gov Body

Motion

Result

10/20/2009

BOARD

Approved PRR817 as recommended by TAC in the 9/3/09 TAC Recommendation Report.

Passed

09/03/2009

TAC

To recommend approval of PRR817 as recommended by PRS in the 8/25/09 PRS Recommendation Report.

Passed

08/25/2009

PRS

To endorse and forward the 7/23/09 PRS Recommendation Report and Impact Analysis for PRR817 to TAC.

Passed

07/23/2009

PRS

To recommend approval of PRR817 as submitted.

Passed

Background

Status:	Approved
Date Posted:	Jun 25, 2009
Sponsor:	Cheryl Yager on behalf of ERCOT
Urgent:	No
Sections:	9.4.4, Partial Payments
Description:	This Protocol Revision Request (PRR) modifies language to: 1) Enable ERCOT to cease charging late fees to defaulting Entities prior to the initiation of the Uplift process, provided that ERCOT has determined that the recovery of late fees from the defaulting Entity is unlikely; and 2) Clarify how much security may be held back to be used to pay minor Final, True Up and other Invoices as they come due to reduce the administrative burden to the ERCOT market of processing short payments.
Reason:	The changes noted above will reduce the administrative burden to the ERCOT market of processing short payments and will streamline the Uplift process. Additionally, the Nodal Protocols already allow ERCOT to discontinue late charges and this will conform current Protocols to Nodal Protocols.