NOTICE DATE:  February 27, 2012

NOTICE TYPE:  W-A011012-02 Settlements

SHORT DESCRIPTION:  ERCOT Board approved RTM Settlement Point Price corrections for DC_N

INTENDED AUDIENCE:  QSE and CRRAH settlement personnel

DAY AFFECTED:  Operating Day November 24, 2011

LONG DESCRIPTION:  On January 10, 2012, ERCOT issued Notice W-A011012-01 announcing its intention to request a price correction on the Settlement Point Prices (SPPs) assigned to de-energized Settlement Point DC_N (Electrical Bus DCTM_L_A) in the Real-Time Market (RTM) for Settlement Intervals 74 (18:15:11) to 95 (23:25:10) for Operating Day November 24, 2011.

ERCOT had a preliminary discussion of the issue at the ERCOT Board meeting on January 17, 2012. After further discussion, the ERCOT Board approved the price correction request at its meeting on February 21, 2012, as recommended by ERCOT Staff.

The corrected Settlement Point Prices will be posted on February 27, 2012, in both CSV and XML formats in the RTM Price Corrections folder located at http://www.ercot.com/mktinfo/prices/.

A follow-up Notice will be sent regarding the schedule for resettlements.

ADDITIONAL INFORMATION:  All supporting documentation may be located at ERCOT - Board of Directors Meeting (February 21, 2012), under Agenda Item No.08.

CONTACT:  If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at [log in to unmask].

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dh