NOTICE DATE:  October 16, 2013
NOTICE TYPE:  M-A072413-06 NPRR
SHORT DESCRIPTION:  FAQ document posted for NPRRs 484 and 554
INTENDED AUDIENCE:  CRR Account Holders and Counter-Parties
DAY AFFECTED:  October 16, 2013
LONG DESCRIPTION:  On October 21, 2013, ERCOT will implement Phase 1A of Nodal Protocol Revision Request (NPRR) 484, Revisions to Congestion Revenue Rights Credit Calculations and Payments, and NPRR554, Clarification of Future Credit Exposure Calculation. To aid Market Participants with the implementation, a Frequently Asked Questions (FAQ) document for NPRRs 484 and 554 has been posted to the CRR Page on ERCOT.com<http://www.ercot.com/mktinfo/crr/>, under CRR Information.
As a reminder, Credit Submission for the 2014.1st6.AnnualAuction.Seq1 Congestion Revenue Right (CRR) Auction will close at 17:00:00 CPT on October 28, 2013. The FAQ demonstrates how to use the new path-specific adders to compute the pre-screened portfolio value for the budget constraint.
ADDITIONAL INFORMATION:  NPRR484 and associated documents can be found on the ERCOT website, under Market Rules, at http://www.ercot.com/mktrules/issues/nprr/476-500/484/index.
NPRR554 and associated documents can be found on the ERCOT website, under Market Rules, at http://www.ercot.com/mktrules/issues/nprr/551-575/554/index.
Information regarding the scope and schedule of Phase 1A of NPRRs 484 and 554 was presented and discussed on market calls. The presentation can be found on the ERCOT website at http://www.ercot.com/calendar/2013/07/20130731-NPRR484.
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]>.
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<http://lists.ercot.com/>.



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