NOTICE DATE:  March 7, 2008

NOTICE TYPE:  M-A022208-02  TCR


SHORT DESCRIPTION:  April 2008 Auction Closed and Results Posted


DAY AFFECTED:  Invoices due March 14, 2008

LONG DESCRIPTION:  The April 2008 TCR auction closed Thursday, March 6, 2008 at 2 p.m. and was approved Friday, March 7, 2008.  Auction Award Invoices are due by end of business on Friday, March 14, 2008.

Any unpaid TCRs and PCRs that remain outstanding after their invoice date shall be forfeited by the awardees and, with respect to TCRs and PCRs from the annual auction, included in the following monthly auctions.

Please view your invoice on the TCR website after an auction has closed, and make your payments accordingly.  To locate your invoice, login to the TCR Program, click on "Settlements, Billing, and Reports" from the menu. Click the "+" sign beside your company name, click the "+" sign beside Auction Award Invoices, and click on Award_Invoice_20080401_20080430.csv.  A dialogue box will come up allowing you to open the file or save the file to disk.  Auction Award Invoices are also available in XML format next to the CSV file.

ADDITIONAL INFORMATION: When processing the wires, please reference that the wire is for TCR Auctions and please list the TCR Invoice Number.

The information on ERCOT's financial institution is as follows:

Account Name: Electric Reliability Council of Texas, Inc
Bank: JP Morgan Chase
ABA Number: 113-000-609
Account Number: 09922895452

CONTACT: If you have any questions, please contact Vanessa Spells by email at [log in to unmask] or at 512-225-7014. 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].

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