Texas Administrative Code › Title 16 - ECONOMIC REGULATION › Part 2 - PUBLIC UTILITY COMMISSION OF TEXAS › Chapter 25 - SUBSTANTIVE RULES APPLICABLE TO ELECTRIC SERVICE PROVIDERS › Subchapter I - TRANSMISSION AND DISTRIBUTION › Division 1 - OPEN-ACCESS COMPARABLE TRANSMISSION SERVICE FOR ELECTRIC UTILITIES IN THE ELECTRIC RELIABILITY COUNCIL OF TEXAS › Section 25.202 - Commercial Terms for Transmission Service

Current through Reg. 49, No. 28; July 12, 2024
(a) Billing and payment. Within a reasonable
					 time after the first day of each month, transmission service providers (TSPs)
					 shall issue invoices for the prior month's transmission service to distribution
					 service providers (DSPs) and customers responsible for the export of power from
					 the Electric Reliability Council of Texas (ERCOT) region.
(1) An invoice for transmission service shall
					 be paid so that the TSP will receive the funds by the 35th calendar day after
					 the date of issuance of the invoice, unless the TSP and the transmission
					 service customer agree on another mutually acceptable deadline. All payments
					 shall be made in immediately available funds payable to the TSP, or by wire
					 transfer to a bank named by the service provider or by other mutually
					 acceptable terms.
(2) Interest on
					 any unpaid amount shall be calculated by using the interest rate applicable to
					 overbillings and underbillings, set by the commission, and compounded monthly.
					 Interest on delinquent amounts shall be calculated from the due date of the
					 bill to the date of payment. When payments are made by mail, bills shall be
					 considered as having been paid on the date of receipt by the TSP.
(3) In the event the transmission service
					 customer fails, for any reason other than a billing dispute as described in
					 subparagraph (A) of this paragraph, to make payment to the TSP on or before the
					 due date, and such failure of payment is not corrected within 30 calendar days
					 after the TSP notifies the customer to cure such failure, the customer shall be
					 deemed to be in default.
(A) Upon the
					 occurrence of a default, the TSP may initiate a proceeding with the commission
					 to terminate service. If the commission finds that a default has occurred, the
					 transmission service customer shall pay to the TSP an amount equal to two times
					 the amount of the payment that the customer failed to pay, in addition to any
					 other remedy ordered by the commission. In the event of a billing dispute
					 between the TSP and the transmission service customer, the TSP will continue to
					 provide service during the pendency of the proceeding, as long as the customer:
(i) continues to make all payments not in
					 dispute; and
(ii) pays into an
					 independent escrow account the portion of the invoice in dispute, pending
					 resolution of such dispute.
(B) If the transmission service customer
					 fails to meet the requirements in subparagraph (A) of this paragraph, then the
					 TSP will provide notice to the customer and to the commission of its intention
					 to terminate service.
(C) Any
					 dispute arising in connection with the termination or proposed termination of
					 service shall be referred to the alternative dispute resolution process
					 described in §
													RSA
					 25.203 of this title (relating to Alternative
					 Dispute Resolution (ADR)).