Sec. 39.652. DEFINITIONS. In this subchapter: (1) "Independent organization" means the independent organization certified under Section 39.151 for the ERCOT power region. (2) "Load-serving entity" means a municipally owned utility, an electric cooperative, or a retail electric provider. (3) "Period of emergency" means the period beginning 12:01 a.m., February 12, 2021, and ending 11:59 p.m., February 20, 2021. (4) "Uplift balance" means an amount of money of not more than $2.1 billion that was uplifted to load-serving entities on a load ratio share basis due to energy consumption during the period of emergency for reliability deployment price adder charges and ancillary services costs in excess of the commission's system-wide offer cap, excluding amounts securitized under Subchapter D , Chapter 41 . The term does not include amounts that were part of the prevailing settlement point price during the period of emergency. (5) "Uplift charges" means charges assessed to load-serving entities to repay amounts financed under this subchapter to pay the uplift balance and reasonable costs incurred by a state agency or the independent organization to implement a debt obligation order under Section 39.653 , 39.654 , or 39.655 , including the cost of retiring or refunding existing debt.
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