Annual TC Market Notice - NEC Coop
Oct 5, 2021 — News
NOTICE DATE: Tuesday, October 5, 2021
NOTICE TYPE: AEP-M-A-100521-01 – Annual TC Market Notice
SHORT DESCRIPTION: Annual TC Market Notice
INTENDED AUDIENCE: All Market Participants
LONG DESCRIPTION: To All Retail Electric Providers:
Pursuant to Ordering Paragraph 12 of the Financing Order (Application of Central Power and Light Company for Financing Order to Securitize Regulatory Assets and Other Qualified Costs, Public Utility Commission of Texas Docket No. 21528 (March 27, 2000)) and Section 6.1.1. of AEP Texas Central Company’s Tariff for Electric Delivery Service, notice is hereby given that the Transition Property, the Transition Charge Rates and the System Restoration Charges contained in Sections 126.96.36.199.2 and 188.8.131.52.7 of the tariff are owned by the Special Purpose Entity and not by the REP nor by AEP Texas Central Company.
Each REP which bills Transition Charges must provide notice to customers of ownership of Transition Property and Transition Charge Rates by the Special Purpose Entity at least once each year, pursuant to the above-cited terms of the Financing Order and the tariff. Your company may have already completed this task, or may have it scheduled before the end of 2021.
Market Impacts: None
CR Action Requested: None
ADDITIONAL INFORMATION: This is the initial and final notice for this.
CONTACT: If you have any questions regarding this notification, please contact your assigned Retail Account Executive.