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SHORT DESCRIPTION: Notice of disbursement of disgorged funds relating to CPS enforcement proceeding

INTENDED AUDIENCE: Qualified Scheduling Entities (QSEs) that represent a Load Serving Entity (LSE)

LONG DESCRIPTION: In Docket No. 56249, Settlement Agreement Relating to CPS Energy’s Violation of PURA § 39.151(j); 16 TAC §§ 25.503(e)(3) and (f)(2); and ERCOT Nodal Protocols § 6.4.6(1), Related to Scheduling and Operation of Generation Resources, the Commission ordered the disgorgement of $24,900.34 in excess revenues from CPS Energy (the “disgorged funds”) in connection with certain actions that occurred on February 15-16, 2021, which were found to violate certain provisions of PURA, 16 Texas Administrative Code (TAC) § 25.503, and ERCOT Protocols. ERCOT is required to distribute the disgorged funds to affected wholesale market participants – in this case, QSEs that represent an LSE with Load in the affected intervals for the Operating Days specified.

In Docket No. 56249, the Commission ordered ERCOT to use the same methodology for disbursing the disgorged funds as it ordered in Docket No. 54985, Proceeding to Determine Appropriate Method to Distribute Disgorged Funds from Docket No. 54957. In Docket No. 54985, the Commission considered the appropriate methodology for ERCOT to utilize in distributing disgorged funds. The Commission determined that it is appropriate for ERCOT to utilize a methodology that differs from the default method specified in 16 TAC § 22.246(k). The Commission entered a final order describing the appropriate disbursement methodology which is available at the following link:

ERCOT is distributing the disgorged funds today in accordance with the Commission’s order in Docket No. 56249 through the issuance of Miscellaneous Invoices to all affected QSEs.

ADDITIONAL INFORMATION: The Miscellaneous Invoices (EMIL ID COMS-746-SG, Report ID 11100) are available on the Market Information System (MIS) Certified Area.

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].

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