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NOTICE DATE:  August 21, 2018

NOTICE TYPE:  W-A082118-01 NPRR

SHORT DESCRIPTION:  Implementation Details of NPRR702

INTENDED AUDIENCE:  ERCOT Market Participants

DAY AFFECTED:  September 1, 2018

LONG DESCRIPTION:  On September 1, 2018, Nodal Protocol Revision Request (NPRR) 702, Flexible Accounts, Payment of Invoices, and Disposition of Interest on Cash Collateral, will be partially implemented.

Paragraph (1)(d) of Section 16.11.3, Alternative Means of Satisfying ERCOT Creditworthiness Requirements, will be implemented and reflects how ERCOT will return accrued interest that a Counter-Party earns on cash collateral posted with ERCOT.  If interest earned is greater than $50, the interest will be returned to the Counter-Party.  If interest earned is less than or equal to $50, ERCOT will retain the interest in the collateral account.  The remainder of NPRR702 will be implemented at a future date.

ADDITIONAL INFORMATION:  Pursuant to Nodal Protocol Section 21.6, Nodal Protocol Revision Implementation, ERCOT is required to provide notice as soon as practicable, but no later than ten days prior to implementation.

NPRR702<http://www.ercot.com/mktrules/issues/NPRR702> and associated documents can be found on the ERCOT website.

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]<mailto:[log in to unmask]>.

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