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NOTICE DATE:  March 24, 2021

NOTICE TYPE:  W-B032421-01 Settlements

SHORT DESCRIPTION:  Short Payments for Failure to Make Invoice Payments

INTENDED AUDIENCE: QSE and CRRAH Settlement Personnel

DAY AFFECTED:  Settlement Invoices due for payout on March 24, 2021

LONG DESCRIPTION:  Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on Settlement Invoices due for payout on March 24, 2021, will notice that the amount of funds transferred is short of the balance payable on the Settlement Invoices.

ERCOT initiates the short payment procedure when a Market Participant fails to make a complete payment for Settlement Invoices. Several Market Participants failed to make full payments for Settlement Invoices that were due on March 23, 2021.

In accordance with ERCOT Protocol Section 9.19, ERCOT will draw from available Financial Security provided by short-paying Market Participants. Funds received from Financial Security will be allocated to short paid Invoice Recipients as soon as possible. Furthermore, ERCOT will deduct any applicable ERCOT Administrative fees, payments for Reliability-Must-Run (RMR) services, and the CRR Balancing Account from the amount received, and then reduce payments to all Invoice Recipients owed monies. The reductions will be made on a pro-rata basis of monies owed to each ERCOT creditor to the extent necessary to clear ERCOT's accounts on the payment date to ensure revenue neutrality for ERCOT.

Please note that in addition to the short payments detailed in the table below, the short payment amount that would have been charged to Denton Municipal Electric has been reallocated among all other short-paid Invoice Recipients.

Invoice Payout Date:  

March 24, 2021

Operating Dates:

DAM 03/17/2021


RTM Initial 03/14/2021


RTM Final 01/23/2021

RTM Trueup 09/20/2020

Total Amount Short to Market:    


Denton Municipal Electric Reallocated Short-Pay :


Total Amount Paid Out to Market:



Invoice Recipient

Total Amount of Short Pay

Energy Monger LLC



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