NOTICE DATE:  July 22, 2013

NOTICE TYPE:  W-B070313-02 Settlements

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

INTENDED AUDIENCE:  QSE and CRRAH settlement personnel

DAY AFFECTED:  July 22, 2013

LONG DESCRIPTION:  Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that were owed monies from ERCOT Settlement (STL) Invoices that were short-paid on July 03, 2013 due to the default of ABACUS RESOURCES ENERGY LLC (QSE) and the late payment of PSEG ENERGY RESOURCES AND TRADE LLC (GUADALUPE) (SQ1) and MILAGRO POWER COMPANY (QSE) will receive funds due to ERCOT’s receipt of outstanding payments. The short-paid STL Invoices were originally issued on June 28, 2013.

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: July 22, 2013

Total Amount Originally Shorted to Market:

$127,391.25

Total Amount of Subsequent Payout to Market:

$120,454.46





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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