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Subject:
From:
ERCOT Client Relations <[log in to unmask]>
Date:
Fri, 13 Jun 2008 16:33:54 -0500
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NOTICE DATE:  June 13, 2008

NOTICE TYPE:  W-A061308-01 Settlements

CLASSIFICATION: Public

SHORT DESCRIPTION: Short Payment Notice 

INTENDED AUDIENCE:  QSE Financial Personnel

DAY AFFECTED: Invoices due on June 12, 2008 

LONG DESCRIPTION:  QSEs that are owed monies from ERCOT on invoices due
on June 12, 2008 will notice that the amount of funds transferred is
short of the balance due on the invoice. This is a notification that
ERCOT will follow the "short payment" procedure stated in Protocol
Section 9.4.4, Partial Payments, for payments being made to QSEs. Due to
short payments by one or more QSEs shown below, ERCOT has insufficient
funds to pay all amounts in full. The aggregate amount of the short
payment is approximately $908,847.51. As described in the ERCOT
protocols, ERCOT will deduct ERCOT Administrative fees, and payments for
Reliability-must-run (RMR) services from the amount received, and then
reduce payments to all invoice recipients that are owed monies, except
for monies owed for RMR services. The reductions will be made based on a
pro rata basis of monies owed to each ERCOT creditor for this invoice to
the extent necessary to clear ERCOT's accounts on the payment date to
insure revenue neutrality for ERCOT. 

 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]> .

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/> .

 

Invoice Due Date:     June 12, 2008

QSE Name

Invoice Number

Amount Short  Paid

NATIONAL POWER COMPANY INC (QSE)

32374

$521,427.86

HWY 3 MHP LLC (QSE)

32408

$274,035.50

PRE BUY ELECTRIC LLC (QSE)

32371

$48,951.01

SURE ELECTRIC LLC DBA RIVERWAY POWER COMPANY

32411

$64,433.14

Total  Amount Short to Market:

$908,847.51

Total  Amount  Due to Market:    

$188,173,223.64

 



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