NOTICE DATE:  June 23, 2011

NOTICE TYPE:  W-A062311-01 Settlements

SHORT DESCRIPTION:  Miscellaneous Invoice for PTP Option Award Fees for July 2011 Monthly CRR Auction

INTENDED AUDIENCE:  CRR Account Holders and CRRAH Settlement Personnel

DAY AFFECTED:  June 23, 2011

LONG DESCRIPTION:  ERCOT has issued Miscellaneous Invoices that contain the Congestion Revenue Right (CRR) Auction Award Fees for the July 2011 Monthly Auction.

Per Protocol Section 7.7.1, Charging of PTP Option Award Fee, ERCOT will charge each Congestion Revenue Right (CRR) Account Holder a Point-to-Point (PTP) Option Award fee for each PTP Option bid awarded where the clearing price for the PTP Option bid awarded is less than the Minimum PTP Option Bid Price.

ADDITIONAL INFORMATION:  The Miscellaneous Invoices can be found in the Market Information System (MIS) at

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].

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