NOTICE DATE: May 19, 2008
NOTICE DATE: May 19, 2008
NOTICE TYPE: Informational – Market Participant Default
SHORT DESCRIPTION: Market
Participant Default and Mass Transition Event
INTENDED AUDIENCE: ERCOT Market
Participants
DAY AFFECTED: May 16, 2008
LONG
DESCRIPTION: Pre-Buy Electric, LLC (Pre-Buy), a Qualified
Scheduling Entity (QSE) and a Load Serving Entity (LSE) in the ERCOT Region,
defaulted under its Agreements with Electric Reliability Council of Texas, Inc.
as of 5:00 P.M. on May 16, 2008.
Pursuant to Protocol Section 15.1.3, Mass Transition, and Retail Market Guide
(RMG) Section 7.11, Mass Customer Transition
Process, ERCOT began the Mass Transition of Pre-Buy’s
customers to the Providers of Last Resort (POLRs) on May 16, 2008.
The size of the associated Load is approximately 255 MWhs
per day and the total number of ESI IDs involved is approximately 8,400.
ERCOT has been working closely with the Public Utility
Commission of Texas (PUCT) and affected Market Participants to ensure an
efficient and effective transfer of customers.
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]
ERCOT’s Legal Department is
also available should your entity’s legal department have any specific
questions. You can reach Andrew Gallo ([log in to unmask]) at (512) 225 – 7065
and Chad V. Seely ([log in to unmask]) at (512)
225 – 7035.
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.
DP/DG
Dwight Page
Retail Client Services
Electric Reliability Council of
512.248.3902 (office)
512.590.5153 (cell)
512.248.6434 (fax)