NOTICE DATE: November 22, 2021
NOTICE TYPE: W-A111121-07 Legal/Settlements
SHORT DESCRIPTION: Disbursement of PURA Subchapter M Funds as authorized by the Debt Obligation Order (DOO) in Public Utility Commission of Texas (PUC) Docket No. 52321
INTENDED AUDIENCE: All Market Participants
DAYS AFFECTED: November 22, 2021
LONG DESCRIPTION: In accordance with the DOO issued in PUC Docket No. 52321, Application of the Electric Reliability Council of Texas, Inc. for a Debt Obligation Order under PURA Chapter 39, Subchapter M, and Request for a Good Cause Exception, ERCOT is disbursing payments from the funding authorized by the DOO to Market Participants owed payments due to short payments by competitive wholesale Market Participants for the Period of Emergency (Operating Days February 12 to 20, 2021).
PURA Subchapter M disbursement amounts are reflected in the table below. Additionally, ERCOT originally held funds from Invoice credits and certain late payments received for Invoice dates related to the Period of Emergency (e.g., payments received from payment plans) to help meet ERCOT liquidity compliance requirements due to the usage of $800 million in CRR auction funds temporarily used to cover short payments. ERCOT is now releasing those funds to Market Participants. Payments of such funds are reflected in the table below in the column titled “Held CRR Auction Fund Payment Amount.”
On November 22, 2021, ERCOT will be issuing payments, as described above, to affected Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs), as follows:
|
Invoice Date
|
Original Invoice Due Date
|
Original Invoice Payout Date
|
PURA Subchapter M Disbursement Amount ($)
|
Held CRR Auction Fund Payment Amount ($)
|
Total Disbursement Amount* ($)
|
Remaining Balance Owed to Market Participants for Invoice Date**($)
|
|
07/27/2021
|
07/29/2021
|
07/30/2021
|
$600,470.96
|
-
|
$600,470.94
|
$6,342,056.84
|
|
08/11/2021
|
08/13/2021
|
08/14/2021
|
$1,164.59
|
-
|
$1,162.61
|
-
|
|
08/12/2021
|
08/16/2021
|
08/17/2021
|
$4884.10
|
-
|
$4,881.79
|
-
|
|
08/13/2021
|
08/17/2021
|
08/18/2021
|
$56,614.28
|
-
|
$56,614.23
|
$369,321.50
|
|
03/10/2021 (Misc. Invoice)
|
N/A
|
03/10/2021
|
-
|
$2,700,741.68
|
$2,700,741.68
|
$427,235.88
|
*Due to rounding, the total disbursement amount may vary slightly from combined total of Subchapter M disbursement amount and held CRR Auction fund payment amount.
**These amounts are attributable to short payments by Rayburn Country Electric Cooperative Inc. and/or Brazos Electric Power Cooperative Inc. and/or non emergency days.
ADDITIONAL INFORMATION: Please review the ERCOT website for related Market Notices.
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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