As part of ongoing efforts to improve electric power markets and to restore investor confidence, EEI has developed a "Master Netting Agreement" to help companies mitigate credit risk and increase liquidity.
This standardized contract, available for use by all companies involved in energy trading, allows trading counterparties to "net" their collateral requirements when making wholesale power trades and offset positive balances of one transaction with negative balances of another.
EEI member companies, major independent energy traders, financial institutions, and law firms collaborated in a public process to produce this important contract.
MNA Version 1.1
Frequently Asked Questions Find answers to frequently asked questions about the Master Netting Agreement.
- Legal Landscape - The Legal Landscape discusses how a netting agreement could be affected by bankruptcy and commercial laws, as well as issues to consider in entering into Master Netting Agreements.
- User's Guide
(Version 1.2 January 2003)
- User's Guide Summary