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ERCOT Receives Payment From Rayburn Country Electric Cooperative For Outstanding Short-Paid Invoices
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ERCOT said in a market notice that it has received payment from Rayburn Country Electric Cooperative Inc. (Rayburn) for Rayburn's outstanding short-paid amounts.
The payment, in the amount of $637,338,877.75, fully reimburses all of Rayburn's Settlement Invoices with payments due through February 17, 2022.
These funds will be distributed to previously short-paid Market Participants beginning February 22, 2022. Payouts to Market Participants are expected to occur over the course of four Bank Business Days. ERCOT will issue a Market Notice each day payments are made with specific details regarding the amounts distributed.
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February 18, 2022
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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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