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VCMRR031
Summary
| Title | Clarification Related to Variable Costs in Fuel Adders |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 07/20/2023 |
| Effective Dates |
08/01/2023
|
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 07/20/2023 | PUCT | Approved | |
| 06/20/2023 | BOARD | Recommended for Approval | Revision Request Consideration |
| 05/23/2023 | TAC | Recommended for Approval | Revision Request Consideration |
| 05/03/2023 | WMS | Recommended for Approval | Revision Request Consideration |
| 04/05/2023 | WMS | Recommended for Approval | Impact Analysis Consideration |
| 03/03/2021 | WMS | Deferred/Tabled | Language Consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 07/20/2023 | PUCT | to approve VCMRR031 and accompanying ERCOT Market Impact Statement as presented in Project No. 54445, Review of Rules Adopted by the Independent Organization | Passed |
| 06/20/2023 | BOARD | to recommend approval of VCMRR031 as recommended by TAC in the 5/23/23 TAC Report | Passed |
| 05/23/2023 | TAC | to recommend approval of VCMRR031 as recommended by WMS in the 5/3/23 WMS Report | Passed |
| 05/03/2023 | WMS | to endorse and forward to TAC the 4/5/23 WMS Report and the 8/3/21 Revised Impact Analysis for VCMRR031 | Passed |
| 04/05/2023 | WMS | to recommend approval of VCMRR031 as submitted | Passed |
| 03/03/2021 | WMS | to table VCMRR031 and refer the issue to the Resource Cost Working Group (RCWG) | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Feb 3, 2021 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | 1.4, 3.4, and 3.5 (delete) |
| Description: | This Verifiable Cost Manual Revision Request (VCMRR): • Defines variable costs and clarifies that all cost components used to calculate a Filing Entity’s fuel adder should also be based on variable costs; • Removes the minimum requirements fee cost category from the examples of cost categories that may be included in the fuel adder; and • Changes the review timeline detailed in paragraph (3) of Section 3.4 to give ERCOT the ability to review and follow up on more complex cost submissions. |
| Reason: | Addresses current operational issues; Market efficiencies or enhancements |
Key Documents
Feb 3, 2021 - docx - 40.4 KB
Feb 3, 2021 - doc - 54.5 KB
Mar 8, 2021 - xls - 127 KB
Mar 8, 2021 - docx - 43.3 KB
Aug 3, 2021 - doc - 54.5 KB
Apr 6, 2023 - xls - 100.5 KB
Apr 6, 2023 - docx - 50.2 KB
May 5, 2023 - xls - 111.5 KB
May 5, 2023 - docx - 51.2 KB
May 25, 2023 - xls - 140.5 KB
Jun 6, 2023 - docx - 51.3 KB
Jun 22, 2023 - docx - 51.6 KB
Jul 24, 2023 - docx - 52.6 KB