NOTICE DATE:  November 7, 2012

NOTICE TYPE:  M-A090412-02 Legal

SHORT DESCRIPTION:  Reminder that new SFA is due November 15, 2012

INTENDED AUDIENCE:  ERCOT Market Participants

DAY AFFECTED:  New SFA to be executed no later than November 15, 2012

LONG DESCRIPTION:  This Market Notice serves as a reminder that all Market Participants must execute the attached version of the Standard Form Market Participant Agreement (SFA) no later than November 15, 2012. See Market Notice M-A090412-01 below for further details. If you have already executed the new SFA, please disregard this Market Notice.

ACTION REQUIRED:  Please fill out (all of the appropriate grey shaded boxes), print and execute the SFA for your organization no later than November 15, 2012. The SFA must be signed by someone with binding authority for your organization. Please ensure you use the correct legal name of your organization and its correct Data Universal Numbering System Number (DUNS #) when filling out the SFA. You may submit the partially executed contract via email (.pdf) to [log in to unmask], facsimile to 512-225-7079 or regular mail to Market Participant Registration, 7620 Metro Center Drive, Austin, Texas 78744.

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].

If you are receiving email 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.

 

 

 

 

dh


NOTICE DATE:  September 4, 2012

NOTICE TYPE:  M-A090412-01 Legal

SHORT DESCRIPTION:  Changes to ERCOT SFA pursuant to NPRR458 to establish central counterparty role

INTENDED AUDIENCE:  ERCOT Market Participants

DAY AFFECTED:  New SFA to be executed no later than November 15, 2012

LONG DESCRIPTION:  On July 17, 2012, the ERCOT Board of Directors (Board) approved Nodal Protocol Revision Request (NPRR) 458, Establishment of ERCOT’s Central Counterparty Role. NPRR458 establishes ERCOT as the central counterparty to all transactions in the ERCOT market, except those involving bilateral trades or self-arranged services. The NPRR modifies the ERCOT Protocols, including the Standard Form Market Participant Agreement (SFA), by deleting any references to ERCOT acting “as agent for” or “on behalf of” a Market Participant. NPRR458 becomes effective on January 1, 2013.

Because NPRR458 modifies the SFA, all Market Participants (whether Load Serving Entity (LSE), Qualified Scheduling Entity (QSE), Transmission Service Provider (TSP), Distribution Service Provider (DSP), Congestion Revenue Right (CRR) Account Holder, Resource Entity (RE) or Renewable Energy Credit (REC) Account Holder) must execute the new version of the SFA that will become effective on January 1, 2013.

As such, each Entity must execute the attached SFA no later than November 15, 2012, in order to allow ERCOT sufficient time to counter-sign and return fully executed SFAs to each Entity by January 1, 2013. ERCOT will send out reminder Notices to all Market Participants at least 30 days and 10 days before the end of this period. Please note that your organization’s current SFA will remain in effect until December 31, 2012; at which time, it will be replaced by this new version of the SFA on January 1, 2013.

Please note that an Entity should submit one SFA for all Market Participant registrations listed above in which it participates in the ERCOT Region. For example, if ABC Company is an LSE and a QSE, ABC Company would check those two options on page one of the SFA. However, no organization should check the Independent Market Information System Registered Entity (IMRE) designation, because system changes have not yet been implemented for that Market Participant registration type (see NPRR260, Providing Access to MIS Secure Area to MIS Registered Users).

ACTION REQUIRED:  Please fill out (all of the appropriate grey shaded boxes), print and execute the SFA for your organization no later than November 15, 2012. The SFA must be signed by someone with binding authority for your organization. Please ensure you use the correct legal name of your organization and its correct Data Universal Numbering System Number (DUNS #) when filling out the SFA. You may submit the partially executed contract via email (.pdf) to [log in to unmask], facsimile to 512-225-7079 or regular mail to Market Participant Registration, 7620 Metro Center Drive, Austin, Texas 78744.

ADDITIONAL INFORMATION:  NPRR458 and associated documents can be found on the ERCOT website, under Market Rules, at http://www.ercot.com/mktrules/issues/nprr/451-475/458/index.

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].

If you are receiving email 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.

 

 

 

 

dh