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Retail Market Update

This update provides information on the development and approval process of COMET Guides for the January 1, 2004 Competitive Metering date. It also outlines the timelines and milestones achieved so far.

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Retail Market Update

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  1. Retail Market Update December 4, 2003

  2. COMET Time Lines • COMET Guides are under development to support support January 1, 2004 Competitive Metering date. • Approval time is as follows to achieve January 2004. • COMET distributes Guides by October 10, 2003 DONE • Comments due to COMET by October 23, 2003 DONE • COMET discusses/resolves comments by October 29, 2003 DONE • COMET issues second draft of Guides by October 31, 2003 DONE • RMS approves COMET Guide November 13, 2003 DONE • TAC approves on December 4, 2003 TODAY • ERCOT Board receives approved Guides on December 16, 2003 • Competitive Metering for commercial customers for meter ownership effective January 1, 2004.

  3. COMET Guides Motion RMS requests TAC approval of the CompetitiveMetering Guides as approved by RMS at itsNovember 13, 2003 meeting.

  4. August 1, 2004 RMS Approved production roll out date for Version 2.0, including MIMO and Stacking transaction changes 3/05/04 Flight Ends 6 Wk. Test 3/12/04 Flight Kickoff Flight V1.6-0104 New CRs & DNPs 4/23/04 Flight Ends 6 Wk. Test 5/14/04 Flight Kickoff Flight Notice 1/6/04 7/23/04 Flight Ends Flight V1.6-0304 New CRs 10 Wk. Test Flight V2.0-0504 All Market Players & DNPs 9/10/04 Flight Kickoff 0504 Flight Notice 3/5/04 11/19/04 Flight Ends 10 Wk. Test Flight Notice 7/7/04 Flight V2.0-0904 New CRs 2004 2003 Jan Feb Mar Apr May Jun July Aug Sept Oct Nov Dec NAESB Version 1.6 Phase 2 Test 1/5 - 2/13 NAESB Version 1.6 Phase 3 Test 2/16 - 3/26 2004 Market Test Time Line 1/23/04 Flight Kickoff

  5. Flight Schedules for V1.6 Test Flights in 2004 (as revised)

  6. Flight Schedules for V2.0 Test Flights in 2004

  7. 2004 Market Test Motion • RMS recommends the elimination of Flight V1.6 – 0304 and further recommend the Market Testing Flight Schedules for Flights V1.6-0104, Version 2.0 (0504) and V2.0-0904 as adopted by RMS. • TAC further directs RMS that any material changes to these timelines or changes in scope of the test flights must be approved by TAC.

  8. Annual Profile Update

  9. RMS Organization • RMS has 5 Working Groups and at times, has had 5 more Task Forces studying market issues. • RMS has had the same Working Group organizational structure for the past three years. • RMS will begin discussing criteria to launch task forces, validating task forces’ scopes and any potential changes to our Working Groups.

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