NPRR #1123 · Revision Request
NPRR1123 Clarifications for PURA Subchapter N Securitization Uplift Charges
ReasonAddresses current operational issues / Market efficiencies or enhancements
Created2022-03-09
Approved2022-05-12
Sections Affected
27.2.1 (new)27.5.3and 27.5.4
Summary
This NPRR provides for initial assessment of Securitization Uplift Charge escrow deposits based on Counter-Party initial estimated Adjusted Meter Load. In addition, the NPRR clarifies that funds provided for Securitization Uplift Charge escrow deposits must be sent to the correct account to be properly credited, and also provides a process for return of securitization proceeds if required by statute or the Debt Obligation Order (DOO) in Public Utility Commission of Texas (PUCT) Docket No. 52322.
Timeline
- Feb 24 '22
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Mar 9 '22
PRS PRS Meeting by Webex OnlyPRSRecommended for Approval Urgent status Recommended for approval Forwarded → TAC“To grant NPRR1123 Urgent status; to recommend approval of NPRR1123 as revised by PRS; and to forward to TAC NPRR1123 and the Impact Analysis” — Passed→ TAC for consideration
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Mar 30 '22
TAC TAC MeetingTACRecommended for Approval Recommended for approval“To recommend approval of NPRR1123 as recommended by PRS in the 3/9/22 PRS Report; and the Revised Impact Analysis” — Passed→ Board for consideration
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Apr 28 '22
BOARD Board of Directors MeetingBOARDRecommended for Approval Recommended for approval“To recommend approval of NPRR1123 as recommended by TAC in the 3/30/22 TAC Report” — Passed→ PUCT for consideration
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May 12 '22
PUCTPUCTApproved Approved“To approve NPRR1123 and accompanying ERCOT Market Impact Statement as presented in Project No. 52934, Review of Rules Adopted by the Independent Organization”
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Posted since the last meeting