NOTICE DATE: January 8, 2025

NOTICE TYPE: W-A010825-01 Settlements

SHORT DESCRIPTION: Notice of disbursement of disgorged funds relating to Golden Spread Electric Cooperative, Inc. (Golden Spread) enforcement proceeding.

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

LONG DESCRIPTION: In Docket No. 56683, Settlement Agreement Relating to Golden Spread Electric Cooperative, Inc.’s Violation of PURA § 39.151(j); 16 TAC §§ 25.503(e)(3), (f)(2), (f)(6), and (f)(8); and ERCOT Nodal Protocols § 6.4.6(1), Related to Scheduling and Operating of Generation Resources, the Commission ordered the disgorgement of $28,337.73 in excess revenues from Golden Spread (the "disgorged funds"). ERCOT is required to distribute the disgorged funds to affected wholesale market participants.  

In Docket No. 56683, the Commission considered the appropriate methodology for ERCOT to utilize in distributing the disgorged funds. The Commission determined that it is appropriate for ERCOT to distribute the disgorged funds using the method approved in Docket No. 54985. The Commission entered a final order describing the appropriate disbursement methodology which is available at the following link: https://interchange.puc.texas.gov/Documents/56683_6_1432663.PDF.

ERCOT is distributing the disgorged funds on January 9, 2025 in accordance with the Commission's order 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 ClientServices@ercot.com.

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