NOTICE DATE: November 26, 2008 NOTICE TYPE: M-C112608-01 Contracts/RFP SHORT DESCRIPTION: Probable Settlement dates for Emergency Interruptible Load Service for the Contract Period of June 1, 2008 through September 30, 2008 INTENDED AUDIENCE: QSEs DAY AFFECTED: June 1 through September 30, 2008 EILS Contract Period will be settled on the Initial Settlement of Operating Day November 26, 2008 LONG DESCRIPTION: ERCOT has established the probable Settlement schedule for Emergency Interruptible Load Service (EILS) for the Contract Period of June 1, 2008 through September 30, 2008. The affected charge types will be included in an Initial Settlement Statement as indicated by the table below: Affected Operating Day November 26, 2008 Publication Date of Initial Statement December 8, 2008 Invoice Date of Initial Statement December 11, 2008 These dates represent ERCOT's best projection for this Settlement schedule, but remain subject to minor adjustments. Pursuant to Protocols Section 6.8.6 (2), "ERCOT shall assess the settlement payment for EILS for each EILS Contract Period on the Initial Settlement Statement for an Operating Day no later than seventy (70) calendar days after the last Operating Day of the EILS Contract Period." The adjusted final EILS payments for the June - September 2008 Contract Period are as follows: Time Period EILS Payments Business Hours (HE 0900-1300)* $ 1,407,883.05 Peak 1 Hours (HE 1400-1600)* 577,506.66 Peak 2 Hours (HE 1700-2000)* 791,372.95 Non-Business Hours (All other hours) 3,622,286.29 TOTAL for Contract Period $ 6,399,048.95 * Mondays thru Fridays except ERCOT Holidays This amount differs from the amount originally projected in the May 19, 2008 Market Notice due to availability factor adjustments and an adjustment made by ERCOT to one QSE's EILS awarded capacity, all pursuant to the Protocols. CONTACT: If you have questions about the EILS program or the RFP, please send an e-mail to [log in to unmask] If you have any other 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] 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/> . kd