HomeMy WebLinkAboutCalifornia Independent System Operator Corporation (CAISO) 2007-06-21 ��-
Ol�z1o7
��t v L�k���
�
June 21, 2007
Mr. Tony Zimmer
NCPA
180 Cirby Way
Roseville, California 95678
Subject:: Agency Relationship Between City of Ukiah and Northern California Power
Agency (NCPA)
The City of Ukiah (a "LSE"), a load serving entity eligible to participate in the Congestion
Revenue Rights ("CRR") Allocation process, administered by the California lndependent
System Operator Corporation ("CAISO"), a California nonprofit Corporation, hereby
requests that CAISO recognize LSE's Agent, as identified below, as LSE's agent/trustee
in connection with the CRR Allocation and Auction processes, such agency relationship
as represented in the Scheduling Coordination Program Agreement executed by and
between the LSE and the Agent dated August 28, 2002, a copy of which has been
provided to CAISO for its reference. Accordingly, LSE hereby represents and warrants
the following with respect to its request that the CAISO recognize the agent/trustee
relationship between the LSE and Agent:
1. LSE has a legal relationship between itself and the Northern California Power
Agency, a joint powers agency organized under the laws of the state of California (the
"Agent").
2. In accordance with the terms of this relationship, LSE has authorized Agent to
enter into MSS Aggregator CRR Entity Agent Agreement to perform certain obligations
on behalf of the LSE, including among other things, accepting financial liability,
performing settlement functions and satisfying other CRR requirements.
3. In accordance with the terms of this relationship, LSE has authorized Agent to
track LSE's load share ratio of CRRs, but has not authorized Agent to take title to any
specific CRRs allocated to the LSE.
4. In accordance with the terms of this relationship, if the agency/trustee
relationship terminates, the LSE shall take with it a pro rata share of every CRR source
allocated to it by the Agent.
5. In accordance with the terms of this relationship, LSE recognizes that the Agent
shall be the agent for similarly situated load serving entities and that the agent/trustee
relationship is not exclusive.
, - , � ; � , ,,.�C�0
� � _� �„
NCPA
June 21, 2007
Page 2
6. In reliance on the foregoing, CAISO is entitled to allocate CRRs to the LSE
based on its respective load share ratio and issue, in aggregate, such shares to the
Agent, on behalf of the LSE, as if issued to the LSE directly.
7. LSE will immediately notify the CAISO in writing of any change to its relationship
with Agent.
The CAISO Tariff shall apply to this letter of agency. By signing below, Candace
Horsley, certifies that he/she is authorized to legally bind the LSE with regard to the
subject matter of this letter and agrees to send an executed copy of this letter to its
Agent for its records.
Executed, this 21 st day of June, 2007
, � � ��
Candace Horsley, City Mana er