NOTICE DATE:  May 1, 2012

NOTICE TYPE:  W-A050112-01 Settlements

SHORT DESCRIPTION:  CRR Balancing Account Invoice corrections for April 2011

INTENDED AUDIENCE:  QSE and CRRAH Settlement Personnel

DAY AFFECTED:  May 1, 2012



LONG DESCRIPTION:  ERCOT has issued Congestion Revenue Right (CRR) Balancing Account Invoices for the month of April 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 April 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

($76.01)

$75.97





As Originally Settled in May 2011

As Settled in May 2012 due to Resettlements

Charge CRRRAMTTOT

Total of Payment LACRRAMT

Balancing Account Balance (CRRBACR)

$3,879,095.38

$3,970,222.47

        ($91,127.09)

Refund Short Charges (CRRRAMT)

($1,174,568.32)

($1,173,522.81)

$1,045.51

($1,045.51)





($92,172.61)



ACTION REQUIRED:  Payment for CRR Balancing Account Invoices is due on May 8, 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]<mailto:[log in to unmask]>.

















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