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NPRR #509 · Revision Request

NPRR509  Shortened RTM Settlement Timeline

Approved Urgent sponsor Harika Basaran on behalf of the Commercial Operations Subcommittee (COPS) posted 2012-12-20 ercot.com
ReasonThis NPRR provides for a shortened Settlement timeline as discussed at the 9/28/12 PUCT Open Meeting, under Project 40000, Commission Proceeding to Ensure Resource Adequacy in Texas, and as agreed upon at the 12/14/12 Commercial Operations Subcommittee (COPS) meeting. COPS recommends that the two phased approach described below be taken to reduce the Settlement timeline: Phase one reduces the posting requirement for the Initial Settlement Statement to eight days after the Operating Day. COPS recommends that phase one implementation occur 4/1/13 or the first day of the month following ERCOT Board approval of this NPRR. Phase two further reduces the posting requirement for the Initial Settlement Statement to seven days after the Operating Day. Additionally, the posting date of Final Settlement Statements is reduced from the 59th day after the Operating Day to the 57th day after the Operating Day to compensate for the two days eliminated from the Initial Settlement Statement posting. COPS recommends that phase two implementation occur three months after the implementation of phase one in order to allow time to address any issues or concerns that may arise from the initial reduction in the Settlement timeline and also to evaluate the accuracy and completeness of meter data.
Created2013-01-17
Approved2013-03-19
Sections Affected
9.5.4 and 9.5.5
Summary
This NPRR proposes a phased approach to reduce the posting date for the Initial Settlement Statement from nine days after the Operating Day to seven days after the Operating Day and reduces the posting date of the Final Settlement Statement from the 59th day after the Operating Day to the 57th day after the Operating Day.
Timeline