NOTICE DATE:  July 15, 2009
NOTICE TYPE:  M-A071509-01 Legal Notification
SHORT DESCRIPTION:  Qualified Scheduling Entities (QSEs) financial statements are due by August 31, 2009
INTENDED AUDIENCE:  QSE Financial Personnel
DAY AFFECTED:  August 31, 2009

LONG DESCRIPTION:  ERCOT Protocol Section 16.2.8 requires all QSEs to provide  their own or their Guarantor's : (1) quarterly unaudited financial statements (semi-annually, if the Guarantor is foreign and rated by a rating agency acceptable to ERCOT) not later than sixty (60) days (ninety (90) days if the Guarantor is foreign and rated by a rating agency acceptable to ERCOT) after the close of the issuer's fiscal quarters; and (2) annual audited financial statements not later than 120 days after the close of the issuer's fiscal year.
For QSEs/Guarantors whose fiscal quarter ended on June 30, 2009, the quarterly financial statements are due by August 31, 2009.

ACTION REQUIRED:  QSEs or their Guarantor, whose quarterly financial statements for 2009 are due (or past due) should provide these statements to ERCOT as soon as possible to avoid any remedial action as authorized under the Standard Form Market Participant (MP) Agreement, the  ERCOT Protocols and/or the Public Utility Regulatory Act (PURA).

For all QSEs who fail to timely submit their quarterly unaudited financial statements by August 31, 2009, ERCOT will submit the names of those QSEs to the Public Utility Commission of Texas (PUCT) in an informational filing in PUCT Docket No. 27706 by no later than September 15, 2009. This Notice serves as the only reminder to QSEs to submit their financial statements by the August 31, 2009, deadline.

QSE's or Guarantor's financial statements that are publicly available electronically need not be provided to ERCOT.

Please forward financial statements to [log in to unmask]<mailto:[log in to unmask]> or

ERCOT

7620 Metro Center Dr.

@Vanessa Spells

 Austin, TX 78744
PHN: 512 225 7014
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]<mailto:[log in to unmask]>.
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dh