NOTICE DATE:  February 11, 2013

NOTICE TYPE:  W-A021113-01 Settlements

SHORT DESCRIPTION:  Payout due to ERCOT’s receipt of outstanding payments

INTENDED AUDIENCE:  QSE and CRRAH settlement personnel

DAY AFFECTED:  February 11, 2013

LONG DESCRIPTION:  Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that were owed monies from ERCOT on Real-Time Market (RTM), Day-Ahead (DAM) and Settlement (STL) Invoices that were short-paid due to the default of TEXREP1 LLC DBA EPCOT ELECTRIC (VQSE) will be made whole due to ERCOT’s receipt of outstanding payments.

Pursuant to ERCOT Protocols 9.19(g), To the extent ERCOT is able to collect past due funds owed by a short-paying Invoice Recipient before the default uplift process defined in Section 9.19.1, ERCOT shall allocate the collected funds to the earliest short-paid Invoice for that short-paying Invoice Recipient.

Subsequent Payout Date: February 11, 2013

Total Amount Originally Shorted to Market and subsequently paid out:

$79,516.54



Further details about the Invoices being made-whole by the subsequent payout are included in the table below:



Invoice Type

Invoice Date

Original Payout Date

Amount Previously Shorted to Market

DAM Invoice

7/16/2012

7/16/2012

$157.40

DAM Invoice

7/16/2012

7/16/2012

$152.00

DAM Invoice

7/16/2012

7/16/2012

$158.74

DAM Invoice

7/17/2012

7/17/2012

$172.80

DAM Invoice

7/18/2012

7/18/2012

$194.73

DAM Invoice

7/19/2012

7/19/2012

$170.86

DAM Invoice

7/20/2012

7/20/2012

$161.20

DAM Invoice

7/23/2012

7/23/2012

$132.08

DAM Invoice

7/23/2012

7/23/2012

$42.87

DAM Invoice

7/23/2012

7/23/2012

$125.33

DAM Invoice

7/24/2012

7/24/2012

$176.48

DAM Invoice

7/25/2012

7/25/2012

$129.92

DAM Invoice

7/26/2012

7/26/2012

$166.10

DAM Invoice

7/27/2012

7/27/2012

$163.10

DAM Invoice

7/30/2012

7/30/2012

$258.38

RTM Invoice

8/3/2012

8/3/2012

$68,633.16

RTM Invoice

8/10/2012

8/10/2012

$8,143.98

RTM Invoice

9/21/2012

9/21/2012

$278.51

Settlement Invoice

1/8/2013

1/8/2013

$21.26

Settlement Invoice

1/9/2013

1/9/2013

$14.72

Settlement Invoice

1/10/2013

1/10/2013

$35.82

Settlement Invoice

1/11/2013

1/11/2013

$12.58

Settlement Invoice

1/14/2013

1/14/2013

$14.52



Short paid invoice amounts will be consolidated  to each Market Participant to reduce the transaction costs to both ERCOT and the market.



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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