ERCOT Reports Entities Which Have Paid Prior Short Payments, Provides Update On Aggregate Short Pay Amount

March 8, 2021

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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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ERCOT said that the following short-paying Invoice Recipients have, to date, paid amounts owed:

      City of Garland
      GridPlus Texas Inc.
      Heritage Power LLC
      Volt Electricity Provider LP
      Wolverine Trading LLC

The current estimated cumulative aggregate short pay amount is $2,481,278,687.57, which does not include ERCOT’s application of $800 million in CRR Auction revenue funds. This amount reflects payments received for previously short-paid Invoices and the application of available Financial Security to short-paid balances, where available.

ERCOT said that the following table identifies outstanding short-paying QSEs/CRRAHs by Counter-Party and amount owed:

Counter-Party - Total ($)

Brazos Electric Power Co Op Inc. - 1,808,324,743.44

Entrust Energy Inc. - 259,068,826.79

Rayburn Country Electric Cooperative Inc. - 64,192,933.75

Hanwha Energy USA Holdings Corp. dba 174 Power Global - 44,921,208.09

Griddy Energy LLC - 24,457,040.56

ILUMINAR ENERGY LLC - 20,804,454.94

GBPower LLC - 17,692,030.59

MQE LLC - 9,869,232.30

Energy Monger LLC - 6,854,578.93

Bulb US LLC - 5,192,554.65

Eagle’s View Partners Ltd. - 1,152,199.09

Others attributable to timing differences, net - 218,748,884.44

Total - 2,481,278,687.57

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