NOTICE DATE:  December 4, 2012
NOTICE TYPE:  M-A120412-01 Settlements
SHORT DESCRIPTION:  December 3, 2012 Settlement Invoices payment due date and payout date adjustment
INTENDED AUDIENCE:  QSE and CRRAH settlement personnel
DAY AFFECTED:  Settlement Invoices for December 3, 2012
LONG DESCRIPTION:  In accordance with ERCOT Protocol Section 9.1.2(2), ERCOT shall notify Market Participants if any data will not be available on the date specified in the Settlement Calendar.   Due to ERCOT system outages, Qualified Scheduling Entities (QSEs) and Congestion Revenue Right (CRR) Account Holders should be aware that the Real-Time Market (RTM) Statements and Settlement Invoices due to post on December 3, 2012 were posted later than the midnight timeline as required per ERCOT Protocol Section 9.1.4.

Per ERCOT Protocol Sections 9.5.4, 9.5.5, and 9.5.8, the following RTM Statements were due to post by 24:00 of December 3, 2012.  However, posting for the RTM Statements were completed on December 4, 2012 at 12:15AM.  The affected Statements and Operating Days are:


*         RTM Initial Statements for Operating Day November 22, 2012

*         RTM Initial Statements for Operating Day November 23, 2012

*         RTM Initial Statements for Operating Day November 24, 2012

*         RTM Final Statements for Operating Day October 3, 2012

*         RTM Final Statements for Operating Day October 4, 2012

*         RTM Final Statements for Operating Day October 5, 2012

*         RTM Trueup Statements for Operating Day June 4, 2012

*         RTM Trueup Statements for Operating Day June 5, 2012

*         RTM Trueup Statements for Operating Day June 6, 2012

Furthermore, pursuant to ERCOT Protocol Section 9.6(1), the corresponding Settlement Invoices for Operating Day December 3, 2012should have been issued on the same Business Day as the day that the DAM and RTM Statements are posted. These Invoices did not complete posting until December 4, 2012 at 12:39AM.

The DAM Statement for Operating Day November 29, 2012 that is included in the December 3, 2012 Settlement Invoice posted on time.

Due to the ERCOT system outages and latency affect, ERCOT sends this Notice to indicate that it will adjust the Payment due date and Payout date by one (1) Bank Business day:


*         The new "Payments are due to ERCOT" date is December 6, 2012

*         The new "Payments will be made to Invoice Recipients by" date is December 7, 2012

ERCOT will not regenerate Settlement Invoices to reflect the adjusted Payment due and Payout dates.  Affected Market Participants should use the dates noted above as the basis for Payments due and Payout dates.  The Settlement Calendar and dispute deadlines will be updated to reflect the adjusted dates for all affected Statements and Invoices.
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]>.
If you are receiving email 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.



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