NOTICE DATE: February 23, 2012

NOTICE TYPE: W-A022312-01 Settlements

SHORT DESCRIPTION: CRR Balancing Account Invoice corrections for December 2010

INTENDED AUDIENCE: QSE and CRRAH settlement personnel

DAY AFFECTED: February 23, 2012

LONG DESCRIPTION: ERCOT has issued Congestion Revenue Right (CRR) Balancing Account Invoices for the month of December 2010 to reflect corrections in the balance of the Balancing Account which resulted from the ERCOT Board approved price correction DAM Resettlements for various Operating Days in December 2010. Distribution of surplus funds to Qualified Scheduling Entities (QSEs) representing load is based on Monthly Load Ratio Share in accordance with the original Balancing Account closure.

Due to system limitations, the CRR Balancing Account Invoice does not display the Invoice due date for payments due from Invoice Recipients to ERCOT. The invoice is only capable of showing the date on which ERCOT will make payments to Invoice Recipients. For charge Invoices, payments are due one bank business day before the ‘Payments will be made to Invoice Recipients’ date, and therefore are due to ERCOT by 17:00 on March 1,2012.

	Payment RTCRRSAMTMTOT	Total of Charge DACRRRAMT
Refunds to Real Time CRRAH	($273.58)	$273.55

	As Originally Settled in January 2011	As Settled in February 2012 due to Resettlements	Charge CRRRAMTTOT	Total of Payment LACRRAMT
Balancing Account Balance (CRRBACR)	$3,714,226.67	$3,730,903.87		($16,677.20)
Refund Short Charges (CRRRAMT)	($226,500.52)	($225,008.91)	$1,491.61	($1,491.61)
				($18,168.81)

ACTION REQUIRED: Payment for CRR Balancing Account Invoices is due on March 1, 2012, which is five (5) Business Days after the Invoice date.

ADDITIONAL INFORMATION: The CRR Balancing Account Invoices and the corresponding CRR Balancing Account Extracts can be found on the Market Information System (MIS) at https://mis.ercot.com/pps/tibco/mis/Pages/Market+Information/Settlements.

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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