NOTICE DATE:  May 19, 2008

NOTICE DATE:  May 19, 2008

NOTICE TYPE:  Informational - Market Participant Default

SHORT DESCRIPTION:  Market Participant Default and Mass Transition Event

INTENDED AUDIENCE:  ERCOT Market Participants

DAY AFFECTED:  May 16, 2008

LONG DESCRIPTION:  Pre-Buy Electric, LLC (Pre-Buy), a Qualified
Scheduling Entity (QSE) and a Load Serving Entity (LSE) in the ERCOT
Region, defaulted under its Agreements with Electric Reliability Council
of Texas, Inc. as of 5:00 P.M. on May 16, 2008.

 

Pursuant to Protocol Section 15.1.3, Mass Transition, and Retail Market
Guide (RMG) Section 7.11, Mass Customer Transition Process, ERCOT began
the Mass Transition of Pre-Buy's customers to the Providers of Last
Resort (POLRs) on May 16, 2008. 

 

The size of the associated Load is approximately 255 MWhs per day and
the total number of ESI IDs involved is approximately 8,400.

 

ERCOT has been working closely with the Public Utility Commission of
Texas (PUCT) and affected Market Participants to ensure an efficient and
effective transfer of customers. 

 

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 e-mail at
[log in to unmask]

ERCOT's Legal Department is also available should your entity's legal
department have any specific questions.  You can reach Andrew Gallo
([log in to unmask]) at (512) 225 - 7065 and Chad V. Seely
([log in to unmask]) at (512) 225 - 7035.

If you are receiving e-mail from an ERCOT distribution list that you no
longer wish to receive, please follow this link in order to unsubscribe
from this list: http://lists.ercot.com <http://lists.ercot.com/> .

DP/DG

 

 

Dwight Page

Retail Client Services

Electric Reliability Council of Texas

512.248.3902 (office)

512.590.5153 (cell)

512.248.6434 (fax)

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