1.

Antitrust Admonition

Chair

9:00 a.m.

2.

Approval of Dec. 15 meeting and Jan. 4 conference meeting minutes

Chair

9:05

3.

RMS update and today’s PWG agenda review

Chair

9:15

4.

Nominations and Elections of 2006 Chair and Vice Chair

Chair

9:30

5.

Load Research Project

a)      Milestone Timeline Review

b)      Discuss on Round 2 Sampling

ERCOT Staff

9:45

6.

Annual Validation 05 progress

Chair

10:30

7.

2006 Annual Validation;

     a.   Option 2 Residential Update and LPGRR language discussion

     b.   Option 2 Business Segment (Voting Item) and LPGRR language discussion including demand readings.

     c.   New Tool Residential Algorithm (Voting Item).

Chair and ERCOT Staff

10:45

Lunch

10.

Discuss Hurricane Rita UFE and evaluation of alternate settlement method

Chair

1:15 p.m.

11.

Discuss TDSP non-IDR estimated meter readings

Chair

1:30

12.

Email "Voting" Discussion

Chair

1:45

13.

Revisit PRR Draft on Historical Data

Chair

1:55

14.

LPGRR Draft Review;

     a. Section 8

     b. Section 9

     c. Section 11

Chair

2:15

15.

PWG Open Issues Master List Discussion

Chair

2:30

16.

Any new issues from ERCOT or Market Participants

Chair

2:45

17.

Review action items before adjourning.

Chair

2:55

18.

Confirm next PWG meeting is on the 2/23/06.

Chair

3:00