NOTICE DATE:  March 30, 2012

NOTICE TYPE:  W-A033012-01 Settlements

SHORT DESCRIPTION:  CRR Balancing Account Invoice corrections for February 2011

INTENDED AUDIENCE:  QSE and CRRAH Settlement Personnel

DAY AFFECTED:  March 30, 2012



 LONG DESCRIPTION:  ERCOT has issued Congestion Revenue Right (CRR) Balancing Account Invoices for the month of February 2011 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 February 2011. 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 Invoice is only capable of showing the date on which ERCOT will make payments to Invoice Recipients at the top portion of the Invoice. The CRR Balancing Account Invoice has been modified to display the Invoice due date for payments due from Invoice Recipients to ERCOT on the Overdue Terms.  For charge Invoices, refer to the payment due date stated on the Overdue Terms.







Payment
RTCRRSAMTMTOT

Total of Charge DACRRRAMT

Refunds to Real Time CRRAH

($882.73)

$882.72





As Originally Settled in March 2011

As Settled in March 2012 due to Resettlements

Charge CRRRAMTTOT

Total of Payment LACRRAMT

Balancing Account Balance (CRRBACR)

$11,701,296.82

$11,718,214.65



($16,917.83)

Refund Short Charges (CRRRAMT)

($6,876,719.32)

($6,823,409.79)

$53,309.53

($53,309.53)

                                ($70,227.34)



ACTION REQUIRED:  Payment for CRR Balancing Account Invoices is due on April 6, 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.



To account for the change to the CRR Balancing Account Invoice, the Invoice XSL has been updated. Please ensure you are using the most current version of the XSDs and XSLs which are posted at http://www.ercot.com/services/mdt/xsds/. The current file version has an updated date of March 13, 2012. Market Participants will need to download the updated Statement Invoice XSL file.



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]<mailto:[log in to unmask]>.



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