NOTICE DATE: December 15, 2021
NOTICE TYPE: W-B120821-02 Legal
SHORT DESCRIPTION: Reminder: Impacted Load Serving Entities (LSEs) must file a verification of total exposure in Public Utility Commission of Texas (PUC) Docket No. 52364 on or before December 22, 2021
INTENDED AUDIENCE: Load Serving Entities
DAYS AFFECTED: December 22, 2021
LONG DESCRIPTION: As detailed in Market Notice W-B120821-01, ERCOT filed ERCOT’s Calculation of Load Ratio Share and Total Exposure for Load Serving Entities in PUC Docket No. 52364, Proceeding for Eligible Entities to File an Opt Out Pursuant to PURA 39.653(d) and for Load-Serving Entities to File Documentation of Exposure to Costs Pursuant to the Debt Obligation Order In Docket No. 52322, on December 7, 2021.
Pursuant to the terms of the Debt Obligation Order (DOO) entered in PUC Docket No. 52322, Application of the Electric Reliability Council of Texas, Inc. for a Debt Obligation Order to Finance Uplift Balances under PURA Chapter 39, Subchapter N, and for a Good Cause Exception, each LSE with an exposure amount listed in ERCOT’s filing must make its own filing in PUC Docket No. 52364 to verify the LSE’s exposure amount by December 22, 2021.
Documents detailing ERCOT's total exposure calculations for impacted LSEs can be found here and here.
ACTION REQUIRED: LSEs with a calculated total exposure amount listed in ERCOT’s December 7, 2021, filing are required to file a verification of their exposure amount in PUC Docket No. 52364 on or before December 22, 2021.
ADDITIONAL INFORMATION: Information regarding PUC Docket No. 52364 can be found at this link. Additional information regarding securitization can be found at this page on the ERCOT website.
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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