CAP089 - Maximum Unsecured Credit Limit

It is proposed that that Network Operators should set a maximum credit limit based on 2% of Regulatory Asset Value. Currently there is no unsecured credit limit within CUSC if a user has NGC credit rating (A- or A3 respectively as set by Standard and Poor’s or Moody’s for connection charges, BBB- or Baa3 respectively as set by Standard and Poor’s or Moody’s for Use of System charges). CUSC will require amending in order to implement the criteria for setting the maximum credit limit.

Modification status: Concluded

Last updated: 13 May 2020

Documents

Proposal

Workgroup meetings and summary papers

Sorry, no documents found.

Workgroup consultation

Code administrator consultation

Sorry, no documents found.

Draft/Final modification report

Authority decision