NOTICE DATE: May 24, 2016 NOTICE TYPE: M-A052416-01 Settlements SHORT DESCRIPTION: Notification of adjustments to December 2014 – April 2016 CRR Auction Revenue Distribution amounts INTENDED AUDIENCE: CRR and QSE settlement personnel DAY AFFECTED: May 24, 2016 LONG DESCRIPTION: Due to a disqualifying event, ERCOT has voided some Pre-assigned Congestion Revenue Rights (PCRRs) which resulted in an increase of the December 2014 – April 2016 CRR Auction Revenue Distribution (CARD). ERCOT has issued Miscellaneous Invoices that contain the billable amounts associated with the adjustments to the CARD for December 2014 – February 2016 using the adjusted total auction revenues for the affected months. Further details about the adjusted bill determinants are included in the table below. Time Period Bill Determinant CARD Final Amount Adjusted Amount December 2014 PCRRZREV_SOUTH $309,516.80 $302,069.94 December 2014 PCRROPTAMTZTOT_SOUTH $309,516.80 $302,069.94 January 2015 PCRRZREV_SOUTH $249,586.49 $244,498.55 January 2015 PCRROPTAMTZTOT_SOUTH $249,586.49 $244,498.55 February 2015 PCRRZREV_SOUTH $243,171.23 $238,620.97 February 2015 PCRROPTAMTZTOT_SOUTH $243,171.23 $238,620.97 March 2015 PCRRZREV_SOUTH $198,066.95 $193,682.75 March 2015 PCRROPTAMTZTOT_SOUTH $198,066.95 $193,682.75 April 2015 PCRRZREV_SOUTH $263,349.72 $258,919.35 April 2015 PCRROPTAMTZTOT_SOUTH $263,349.72 $258,919.35 May 2015 PCRRZREV_SOUTH $432,713.97 $427,693.64 May 2015 PCRROPTAMTZTOT_SOUTH $432,713.97 $427,693.64 June 2015 PCRRZREV_SOUTH $710,172.68 $699,219.51 June 2015 PCRROPTAMTZTOT_SOUTH $710,172.68 $699,219.51 July 2015 PCRRZREV_SOUTH $612,795.83 $603,276.50 July 2015 PCRROPTAMTZTOT_SOUTH $612,795.83 $603,276.50 August 2015 PCRRZREV_SOUTH $546,193.59 $539,066.60 August 2015 PCRROPTAMTZTOT_SOUTH $546,193.59 $539,066.60 September 2015 PCRRZREV_SOUTH $549,739.98 $540,225.05 September 2015 PCRROPTAMTZTOT_SOUTH $549,739.98 $540,225.05 October 2015 PCRRZREV_SOUTH $439,811.46 $433,940.18 October 2015 PCRROPTAMTZTOT_SOUTH $439,811.46 $433,940.18 November 2015 PCRRZREV_SOUTH $196,680.14 $195,777.19 November 2015 PCRROPTAMTZTOT_SOUTH $196,680.14 $195,777.19 December 2015 PCRRZREV_SOUTH $283,027.87 $277,160.89 December 2015 PCRROPTAMTZTOT_SOUTH $283,027.87 $277,160.89 January 2016 PCRRZREV_SOUTH $459,600.36 $446,419.86 January 2016 PCRROPTAMTZTOT_SOUTH $459,600.36 $446,419.86 February 2016 PCRRZREV_SOUTH $485,597.37 $471,257.30 February 2016 PCRROPTAMTZTOT_SOUTH $485,597.37 $471,257.30 All other bill determinant values were unchanged and can be seen using the CARD Final Extract for the applicable months. Adjustments to the month of March 2016 will be included in the CARD Final Invoices to be posted on May 26, 2016. Adjustments to the month of April 2016 will be included in the CARD Final Invoices to be posted on June 27, 2016. Additional notification on the details of the adjusted bill determinants will be sent upon posting of the Invoices. ADDITIONAL INFORMATION: The Miscellaneous Invoices can be found on the ERCOT Market Information System (MIS) at https://mis.ercot.com/pps/tibco/mis/Pages/Market+Information/Settlements. Payments will be due to ERCOT on June 1, 2016. Payouts will be made to Invoice Recipients on June 2, 2016. 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. sa