PROJECT NO. 27706 REPORTS OF THE ELECTRIC RELIABILITY COUNCIL OF TEXAS § § § PUBLIC UTILITY COMMISSION OF TEXAS ERCOT’S 2011 ANNUAL REPORT ON THE TEXAS RENEWABLE ENERGY CREDIT TRADING PROGRAM COMES NOW, Electric Reliability Council of Texas, Inc. (ERCOT) and files, pursuant to P.U.C. SUBST. R. 25.173(g)(11) and ERCOT Protocol Section 14.3, its 2011 Annual Report on the Texas Renewable Energy Credit Trading Program (“REC Program”). The Report is attached hereto as Attachment A. ERCOT files portions of this Report, Exhibits 1-6 to Attachment A, as confidential information pursuant to P.U.C. SUBST. R. 25.362 and ERCOT Protocol Section 1.3. Respectfully Submitted, By: _________________________________ Juliana Morehead Corporate Counsel Texas Bar No. 24046474 7620 Metro Center Drive Austin, TX 78744 (512) 225-7184 (Phone) (512) 225-7079 (Fax) jmorehead@ercot.com ERCOT 7620 Metro Center Drive Austin, Texas 78744 1 Attachment A 2011 Annual Report on the REC Program This Report complies with the requirements of P.U.C. SUBST. R. 25.173(g)(11) and ERCOT Protocol Section 14. Exhibits 1-6 contain Protected Information pursuant to P.U.C. SUBST. R. 25.362 and ERCOT Protocol Section 1.3, and are filed as confidential information. Participants in the Renewable Energy Credit (REC) Program may view their information (used in the creation of the confidential reports) via their online REC accounts. I. Existing and New Renewable Capacity New renewable generation capacity in the REC Program increased in 2011. There are currently one hundred and eighteen (118) REC generation accounts with an installed capacity of 11,287.8 megawatts (MW). There are a total of six (6) offset generator accounts with a total of 297.6 MW of capacity. This renewable generation capacity exceeds the 2025 target of 10,000 MW of installed renewable generation capacity in the state that is set forth in Section 39.904 of the Public Utility Regulatory Act (PURA). Technology Type Biomass Hydro Landfill Gas Solar Wind Total REC Gen Accts 7 2 15 9 85 118 Offset Gen Accts 0 2 1 0 3 6 New MW Capacity 131.63 33.05 91.55 70.47 10,961.1 11,287.8 Offset MW Capacity 0 178.5 3.3 0 115.8 297.6 Total Current MW Capacity 131.63 211.55 94.85 70.47 11,076.9 11,585.4 NOTE: The REC Program tracks all renewable generation in Texas, including ERCOT and all other regions of Texas. The Program, however, is voluntary and only tracks generation that is registered in the Program. Therefore, the MWs of capacity in this report may not align with the total Renewable Resource generation registered in ERCOT System Planning Reports and other reporting agencies. II. Eligible Non-Texas Capacity At this time, there is no eligible non-Texas capacity serving Load in the REC Program. III. REC Aggregation Company Activities P.U.C. SUBST. R. 25.173 defines a REC Aggregator as an entity that manages the participation of two or more micro-generators in the REC Program. A micro-generator is defined as a customer that owns one or more eligible renewable energy generating units with a rated capacity of less than one (1) MW, operating on the customer’s side of the utility meter. At this time, the only entities serving as Aggregators are Austin Energy and RKR Ranch, LLC. 2 IV. Facility Information At the time of this report, the Program included 118 REC accounts for new renewable generation capacity. The owners and/or operators of each REC generation facility and enrollment date for Program participation are provided in the following table: Generation Company Date Enrolled 12/21/2004 7/12/2005 8/2/2010 10/2/2001 9/4/2002 1/17/2006 9/2/2008 11/17/2003 3/12/2007 2/19/2008 8/25/2005 9/16/2008 6/10/2005 4/7/2008 7/13/2007 7/14/2010 1/28/2008 2/7/2005 11/14/2001 12/15/2008 10/19/2001 10/19/2001 12/2/2011 1/23/2008 2/18/2009 5/3/2010 2/12/2009 5/24/2001 11/10/2008 5/16/2006 11/6/2007 11/6/2007 5/16/2006 5/16/2006 8/10/2006 8/10/2006 8/16/2006 11/6/2007 Aeolus Wind American Wind Power Center Aspen Power, LLC Austin Energy Bio Energy (Austin), LLC Bio Energy (Texas), LLC Biofuels Power Corporation Brazos Wind, LP Buffalo Gap Wind Farm 2, LLC Buffalo Gap Wind Farm 3, LLC Buffalo Gap Wind Farm, LLC Bull Creek Wind, LLC Callahan Divide Capricorn Ridge Wind II, LLC Capricorn Ridge Wind, LLC Cedro Hill Wind, LLC Champion Wind Farm, LLC Cromeco, Inc. Delaware Mountain Wind Farm, LP Denton Power, LLC Desert Sky Wind Farm 1 LP Desert Sky Wind Farm 2 LP DeWind Frisco, LLC ECR Panther Creek Wind Farm I and II, LLC ECR Panther Creek Wind Farm III, LLC ECR Papalote Creek II, LLC ECR Papalote I, LLC El Paso Electric Company Elbow Creek Wind Project, LLC Exelon Wind 1, LLC Exelon Wind 10, LLC Exelon Wind 11, LLC Exelon Wind 2, LLC Exelon Wind 3, LLC Exelon Wind 4, LLC Exelon Wind 5, LLC Exelon Wind 6, LLC Exelon Wind 7, LLC 3 Generation Company Date Enrolled 11/6/2007 11/6/2007 12/21/2006 6/9/2006 12/2/2005 10/22/2001 10/22/2001 2/11/2002 7/31/2001 8/1/2001 2/11/2002 11/8/2011 2/6/2003 3/20/2008 9/15/2011 11/1/2001 1/11/2008 11/6/2007 6/13/2005 4/4/2008 1/23/2008 11/14/2001 8/11/2009 8/9/2011 8/9/2011 6/15/2001 9/30/2009 7/17/2008 10/3/2007 7/17/2008 11/10/2010 4/10/2006 8/25/2006 11/5/2009 6/12/2007 7/18/2011 8/6/2008 10/24/2008 4/18/2008 11/4/2009 12/17/2009 3/21/2007 1/4/2006 11/13/2008 Exelon Wind 8, LLC Exelon Wind 9, LLC Forest Creek Wind Farm, LLC Fort Worth Methane, LLC FPL Energy Horse Hollow Wind II, LP FPL Energy Upton Wind I, LLC FPL Energy Upton Wind II, LLC FPL Energy Upton Wind IV, LLC FPL Pecos Wind 1, LLC FPL Pecos Wind 2, LLC FPLE Energy Upton Wind III, LLC FRV AE Solar, LLC Gas Recovery Systems, Inc. Goat Wind, LP Golden Spread Panhandle Wind Ranch, LLC Guadalupe-Blanco River Authority Hackberry Wind, LLC High Plains Wind Power, LLC Horse Hollow Iberdrola Renewables, LLC Inadale Wind Farm, LLC Indian Mesa, LLC Langford Wind Power, LLC Little Pringle 1 Little Pringle 2 Llano Estacado Loraine Windpark Project, LLC Majestic Wind Power, LLC Maverick County Water Control McAdoo Wind Energy, LLC McKinney LFG, LLC MeadWestvaco Texas LP Mesquite Wind, LLC Michael Laurie Blank Mission Wind, LLC Nacogdoches Power, LLC Noble Great Plains Windpark, LLC Notrees Windpower, LP Ocotillo Windpower, LP Orange County Container, LLC Pattern Gulf Wind, LLC Post Oak Wind, LLC Post Wind Farm, LP PYCO Industries, Inc. 4 Generation Company Pyron Wind Farm, LLC Renewable Ventures Renovar Arlington, Ltd. Rio Grande Valley Sugar Growers, Inc. Roscoe Wind Farm, LLC Sand Bluff Wind Farm, LLC Scurry County Wind II, LLC Scurry County Wind, LP Sherbino I Wind Farm, LLC Sherbino II Wind Farm, LLC Silver Star I Power Partners, LLC Snider Industries, LLP Snyder Wind Farm, LLC South Trent Wind, LLC Stanton Wind Energy, LLC SunE CPS1, LLC SunE CPS2, LLC SunE CPS3, LLC Sunray Wind Sweetwater Wind Power, LLC Texas Gulf Wind, LLC Texas State Technical College Trent Wind Farm, LP Trinity Hills Wind Farm, LLC Trinity Oaks, LLC Turkey Track Wind Energy, LLC TX LFG Energy, LP - Atascocita TX LFG Energy, LP - Baytown TX LFG Energy, LP - Blue Bonnet TX LFG Energy, LP - Conroe TX LFG Energy, LP - Security TX LFG Energy, LP- Coastal Plains TX Solar I, LLC Whirlwind Energy, LLC WM Renewable Energy, LLC Wolf Ridge Wind, LLC V. Date Enrolled 1/23/2008 8/6/2002 6/20/2005 11/18/2011 1/22/2008 2/2/2007 11/19/2007 2/15/2007 5/29/2008 6/9/2011 2/25/2008 6/2/2008 12/4/2007 7/17/2008 3/13/2008 2/1/2012 2/1/2012 2/1/2012 2/12/2009 12/9/2003 7/17/2008 2/9/2009 10/22/2001 8/22/2011 3/24/2009 11/19/2008 1/16/2003 1/23/2003 1/23/2003 1/24/2003 1/24/2003 1/16/2003 8/2/2010 1/14/2008 1/3/2003 9/10/2008 Renewable Energy Generated The total amount of energy generated by renewable generation resources tracked by the Program for 2011 is 31,708,015.92 MW hours (MWh). This represents an increase of approximately 13% in MWh of renewable generation over 2010. Since the Program is voluntary for generation entities, some renewable generation in the state may not be registered in the Program. The 5 following table shows MWh totals from participating renewable generation by technology type for each quarter in 2011, including “offset” generation. Technology Type Biomass Hydro Landfill Gas Solar Wind Grand Totals VI. Quarter 1 Quarter 2 Quarter 3 Quarter 4 TotalMWh MWh MWh MWh MWh 26,692.12 20,039.05 24,889.54 65,383.40 137,004.11 60,613.88 102,582.69 55,029.11 48,887.04 267,112.72 121,232.07 135,364.93 122,789.90 118,258.00 497,644.90 7,390.22 10,160.34 11,202.33 7,826.92 36,579.82 7,447,217.84 9,540,116.21 5,849,556.84 7,932,783.48 30,769,674.37 7,663,146.14 9,808,263.22 6,063,467.73 8,173,138.85 31,708,015.92 Compliance Premiums Pursuant to P.U.C. SUBST. R. 25.173(c)(2), a compliance premium (CP) is a premium awarded by ERCOT in conjunction with a REC that is generated by non-wind renewable generation and meets the criteria in P.U.C. SUBST. R. 25.173(m). For purposes of the renewable energy portfolio standard (RPS) requirements, one (1) CP is equal to one (1) REC. During 2008, for the first time, CPs were made available to all “non-wind” renewable generation in the state that began producing energy after September 1, 2005. In 2008, five (5) companies received 155,006 CPs. In 2009, ten (10) companies received 200,570 CPs. In 2010, eleven (11) companies received 275,910 CPs. In 2011, sixteen (16) companies received 367,513 CPs. VII. Renewable Energy Unit Retirements In 2011, no generation account holder retired units. VIII. Participating Retail Entities At the time of this report, one hundred and seventy-seven (177) Retail Entities (REs) had accounts in the Program. The REs are identified in the following table: Retail Entity 10K Energy, LLC DBA Mission PO Acacia Energy, Inc. Accent Energy Texas, LP ACN Energy, Inc. AEP Retail Energy AEP Texas Commercial Industrial Retail, LP Alliance Power Company, LLC Ambit Energy AmeriPower Amigo Energy AmPro Energy, LP Andeler Corporation APGE Date Enrolled 1/18/2011 1/30/2009 12/3/2004 12/28/2001 2/11/2011 1/15/2002 1/19/2005 1/30/2007 2/16/2006 1/18/2005 2/20/2004 3/11/2003 2/13/2006 6 Retail Entity Date Enrolled 1/16/2006 7/10/2007 12/14/2004 1/22/2002 7/1/2002 1/19/2005 2/14/2012 2/20/2009 4/21/2003 7/1/2002 9/14/2007 7/1/2002 7/22/2009 12/21/2009 2/10/2006 1/8/2002 7/3/2002 1/28/2010 4/4/2006 11/23/2010 12/17/2010 11/23/2010 1/30/2007 4/2/2002 12/4/2001 12/5/2001 11/29/2001 2/11/2011 1/26/2005 1/21/2004 8/29/2001 1/21/2004 1/18/2011 1/4/2002 9/19/2005 1/28/2008 10/30/2001 3/14/2005 1/8/2007 1/21/2011 1/21/2011 12/16/2008 2/3/2012 9/13/2004 APN Starfirst, LP APNA Holdings, LLC APS Energy Services Company, Inc. Assurance Energy Assurance Energy Azor Energy, LP BlueStar Energy Solutions Bounce Energy BP Energy BP Energy Company Brilliant Energy, LLC Calpine Power America, LP Champion Energy Industrial Services I Champion Energy Industrial Services III Champion Energy Services Cinergy Retail Power, LP Cirro Group, Inc. Clearview Electric, Inc. Commerce Energy, Inc. CON EDISON SOLUTIONS CONED SOLUTIONS CONED SOLUTIONS 1 ConEdison Solutions ConocoPhillips Company Constellation NewEnergy Coral Power, LLC CPL Retail Energy, LP CPL Retail Energy, LP 1100 CPL Retail Energy, LP DBA CPL DE Multi-Family Direct Energy Business, LLC Direct Energy Business Services Direct Energy DBA 1400 Direct Energy, LP Dow Hydrocarbons and Resources, LLC dPi Energy Dynegy Energy Marketing Dynowatt, LP Eagle Energy Partners I, LP EDF Industrial Power Services (TX) I, LLC EDF Industrial Power Services (TX) II, LLC EDF Industrial Power Services (TX), LLC EDF Indutrial Power Services (TX) V, LLC Electric Now, LP 7 Retail Entity Energy Plus Holdings, LLC Energy West, Ltd. DBA Fire Fly powered by Franklin Entergy Texas En-Touch Energy Entrust Energy, Inc. EPEC Everything Energy, LLC EXTEX Retail Services Company, LLC First Choice Power First Choice Power - AMS First Choice Power - POL Franklin Power Company Frontier Utilities, Inc. Fulcrum DBA Tara Energy Resources Gateway Power Services GDF Suez Retail Energy Solutions, LLC Gexa Corp. Gexa Energy Glacial Energy, Inc. Green Mountain Energy Green Mountain Energy Company Green Mountain Energy Company - POLR Green Mountain Energy Company- CSA Green Mountain Energy, Commercial Service Green Mountain Multifamily Hino Electric Power Company Hudson Energy JV, LLC Hudson Energy Services Iluminar Energy, LLC Infinite Electricity Integrys Energy Services, Inc.(a) Integrys Energy Services, Inc.(b) Just Energy Texas Kinetic Energy, LLC Liberty Power Corp. LPT, LLC DBA LPT SP, LLC Luminant ET Services Company Mega Energy, LP MidAmerican Energy Company MP2 Energy Texas, LLC MPower Retail Energy LP MXenergy Electric Inc. MXenergy Electric Inc. II N M Energy of Texas, LLC 8 Date Enrolled 4/28/2009 1/18/2005 2/22/2003 1/29/2009 2/8/2011 1/5/2007 6/1/2009 2/16/2004 1/28/2002 7/1/2002 1/28/2010 3/5/2004 1/22/2010 1/18/2011 1/19/2005 9/9/2011 9/4/2001 1/31/2008 1/30/2007 1/19/2011 9/20/2001 1/27/2010 1/19/2011 1/21/2005 10/10/2002 2/20/2004 3/16/2009 1/26/2007 1/17/2011 11/23/2010 4/12/2006 1/29/2007 3/7/2003 11/2/2007 3/2/2004 1/26/2007 2/23/2004 1/2/2008 8/7/2008 1/20/2009 2/18/2004 4/27/2005 1/20/2011 2/24/2004 Retail Entity Nations Power, LLC Neumin Production Company NextEra Energy Power Marketing, LLC Noble Americas Energy Solutions Nooruddin Investments, LLC DBA Discount Power Nueces Electric Coop Occidental Power Marketing, LP Our Energy, LLC Pegasus Alliance Corporation DBA OnPAC Energy Penstar Power, LLC Penstar Power, LLC Pepco Energy Services Pilot Power Group, Inc. POLR POWER LP Potentia Energy Power House Energy Prier Energy Prier Energy, Inc. DBA General Power Light Prier Energy, Inc. DBA Todays Energy Proton Energy Pulse Electric, Inc. Reach Energy, LLC Reliant Energy HL and P Reliant Energy Retail Services, LLC Reliant Energy Solutions REPower, LLC Shell Energy North America (US), LP Shell Energy Services Co., LLC Smartcom Energy Services, LLC Southwestern Public Service Co. Spark Energy DBA Firefly Powered by Spark Spark Energy, LP StarTex Power Stream Gas and Electric, Ltd. Suez Energy Marketing, Inc. SUEZ Energy Resources NA, Inc. Summer Energy, LLC SWEPCO Tara Energy, LLC DBA Smart Prepaid Electric Tara Energy, Inc. Tenaska Power Services Co. DBA TPS I Tenaska Power Services Co. DBA TPS I Tenaska Power Services Co. DBA TPS II Tenaska Power Services Co. DBA TPS III 9 Date Enrolled 1/27/2010 1/26/2005 10/18/2005 12/20/2001 1/21/2010 1/6/2004 8/23/2001 1/27/2010 1/18/2005 4/11/2011 1/21/2005 10/25/2007 2/7/2006 1/15/2002 12/14/2009 7/15/2011 1/30/2009 1/27/2010 1/27/2010 1/26/2010 1/29/2010 1/29/2008 6/28/2002 1/14/2002 12/21/2001 1/29/2007 1/18/2005 7/1/2002 1/4/2012 1/15/2002 2/20/2004 3/5/2003 6/17/2005 1/19/2006 10/10/2002 3/10/2003 12/9/2011 12/9/2002 1/17/2011 12/17/2002 1/19/2005 3/24/2004 3/24/2004 3/24/2004 Retail Entity Tenaska Power Services Co. Tenaska-Oxy Power REP Services, LP Tenaska-Oxy Power REP Services, LP DBA TOPS I Texas Commercial Energy Texas Commercial Energy DBA Texas Wholesale Energy Texas Power, LP Texas Power, LP DBA Pre Pay Power Texas Power, LP Texas Retail Energy Texas-New Mexico Power Co. Texpo Energy DBA Texpo Power TEXREP1, LLC TexRep7, LLC The New Power Company TriEagle Energy LP True Electric, LLC Twin Eagle Resource Management, LLC DBA Term Energy TXU Assurance Energy TXU Electric Co. TXU Energy TXU SESCO Energy Services TXU Trade Co. TXUE Green-e US Retailers, LLC USAVE Energy Veteran Energy, LLC Weir Investments Fund DBA Apollo Power Light WTU RETAIL ENERGY LP WTU Retail Energy LP 1100 XERS Inc. d/b/a Xcel Energy XOOM Energy Texas, LLC Young Energy 10 Date Enrolled 10/31/2001 3/24/2004 3/24/2004 6/5/2002 1/19/2005 2/26/2004 1/17/2011 1/29/2009 3/2/2004 7/1/2002 3/19/2007 1/26/2010 1/24/2011 1/11/2002 5/9/2003 1/25/2010 10/11/2011 10/10/2002 7/1/2002 5/23/2001 1/21/2002 8/6/2004 7/1/2002 6/1/2009 2/20/2004 4/15/2011 1/21/2010 1/15/2002 2/11/2011 1/11/2002 11/3/2011 1/29/2009 IX. Final Renewable Portfolio Standard Requirements Each Retail Entity’s final RPS requirement is provided as confidential information in Exhibit 1. In 2011, the total RPS requirement for all Retail Entities, after adjustments for previous true-ups as required by the Commission, was 9,061,427 RECs. X. REC Offsets Allowed Six (6) entities used 417,470 offsets in 2011. information in Exhibit 2. XI. The offsets are provided as confidential REC Offsets Generated The following table depicts the Offsets allocated by the Commission to each REC Offset Generator and compares that amount to each Resource’s actual generation for 2011. Generator Unit Name Sabine River Authority of Texas Toledo South Texas Electric Cooperative AMISTAD1 South Texas Electric Cooperative AMISTAD2 South Texas Electric Cooperative FALCON1 South Texas Electric Cooperative FALCON2 South Texas Electric Cooperative FALCON3 Texas Big Spring, LP SIGNALMT West Texas Renewables, LP WESTEX1 West Texas Wind Energy Partners,, LLC SW_Mesa WM Renewable Energy, LLC DFW Gas Recovery Total Comparison XII. Offset RECs Allotted by PUCT 61,535 6,501 6,501 2,332 2,333 2,333 91,560 17,026 225,109 21,338 436,568 Annual Generation MWh Comparison Calculation MWh 11,369 27,782 50,962 25,603 48,797 35,757 56,163 0 177,921 46,969 481,323 -50,166 21,281 44,461 23,271 46,464 33,424 -35,397 -17,026 -47,188 25,631 44,755 REC and CP Retirements and Expirations The list of Program participants retiring RECs and CPs in 2011, and the amount of those retirements, is provided as confidential information in Exhibit 3. The total number of RECs retired for the mandate was 9,031,949, including adjustments for previous year true-ups as required by the Commission. 50,782 CPs were also retired for the mandate. For the fourth year in a row, voluntary retirements surpassed the mandated retirements. There were 15,288,819 RECs and 150,295 CPs retired in the voluntary market. Unlike retiring RECs for the annual mandate, owners may voluntarily retire RECs and CPs for any previous year. For various business reasons, in 2011 some owners retired an additional 11 483,657 RECs for 2009 and 4,465,159 RECs for 2010. A list of these specific retirements is provided as confidential information in Exhibit 6. ERCOT retired a total of 421,317 RECs due to expiration as required by P.U.C. SUBST. R. 25.173(l). XIII. Renewable Portfolio Standard Retirement Compliance The following list identifies Retail Entities and the percentage of non-compliance with the RPS requirement for each entity. A table identifying the exact amount of each RE’s shortfall is provided as confidential information in Exhibit 4. Retail Entity 10K Energy, LLC DBA Mission PO Acacia Energy, Inc. Accent Energy Texas LP Alliance Power Company, LLC Ambit Energy AmeriPower Amigo Energy Andeler Corporation APGE APN Starfirst, LP APNA Holdings, LLC Bounce Energy BP Energy Brilliant Energy, LLC Calpine Power America, LP Champion Energy Industrial Services I Champion Energy Industrial Services III Champion Energy Services CIRRO Group, Inc. Clearview Electric, Inc. CON EDISON SOLUTIONS CONED SOLUTIONS ConEdison Solutions ConocoPhillips Company Constellation NewEnergy CPL Retail Energy, LP CPL Retail Energy, LP 1100 CPL Retail Energy LP, DBACPL DE Multi-Family Direct Energy Business, LLC % Out of Compliance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100% 0 0 0 0 0 0 0 0 0 0 12 Retail Entity Direct Energy Business Services Direct Energy DBA 1400 Direct Energy, LP dPi Energy EDF Industrial Power Services (TX) I, LLC EDF Industrial Power Services (TX) II, LLC EDF Industrial Power Services (TX), LLC Electric Now, LP En-Touch Energy Energy Plus Holdings, LLC Entergy Texas Entrust Energy, Inc. EPEC EXTEX Retail Services Company, LLC First Choice Power First Choice Power - AMS Frontier Utilities, Inc. Fulcrum DBA Tara Energy Resources Gateway Power Services Gexa Corp. Gexa Energy Glacial Energy Inc. Green Mountain Energy Green Mountain Energy Company Green Mountain Energy, Commercial Service Green Mountain Multifamily Hino Electric Power Company Hudson Energy Services Iluminar Energy, LLC Infinite Electricity Infinite Energy, Inc. Integrys Energy Services, Inc. (b) Just Energy Texas Kinetic Energy, LLC Liberty Power Corp. LPT, LLC DBA LPT SP, LLC Luminant ET Services Company Mega Energy, LP MidAmerican Energy Company Milagro Power Company % Out of Compliance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100% 0 0 0 0 0 0 0 0 100% 13 Retail Entity Monongahela Communications, LLC MP2 Energy Texas, LLC MXenergy Electric, Inc. MXenergy Electric, Inc. II Nations Power, LLC Neumin Production Company NextEra Energy Power Marketing, LLC Noble Americas Energy Solutions Nooruddin Investments, LLC DBA Discount Power Nueces Electric Coop Occidental Power Marketing, LP Our Energy, LLC. Pegasus Alliance Corporation DBA OnPAC Energy Penstar Power, LLC Penstar Power, LLC Pepco Energy Services Potentia Energy Power House Energy Prier Energy Inc. DBA General Power Light Prier Energy Inc. DBA Todays Energy Proton Energy Reach Energy, LLC Reliant Energy Retail Services, LLC Reliant Energy Solutions Shell Energy North America, (US) LP Simple Power Southwestern Public Service Co. Spark Energy, LP StarTex Power Stream Gas and Electric, Ltd. SUEZ Energy Resources NA, Inc. SWEPCO Tara Energy, LLC DBA Smart Prepaid Electric Tara Energy, Inc. Tenaska Power Services Co. DBA TPS I Tenaska Power Services Co. DBA TPS II Tenaska Power Services Co. Tenaska-Oxy Power REP Services LP DBA TOPS I Texas Power, LP Texas Power, LP DBA Pre Pay Power 14 % Out of Compliance 100% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Retail Entity Texas Power, LP Texas Retail Energy Texpo Energy, DBA Texpo Power TEXREP1, LLC TexRep7, LLC TriEagle Energy, LP True Electric, LLC Twin Eagle Resource Management, LLC dba Term Energy TXU Energy US Retailers, LLC Veteran Energy, LLC Weir Investments Fund DBA Apollo Power Light WTU Retail Energy, LP XOOM Energy Texas, LLC Young Energy % Out of Compliance 0 0 0 0 100% 0 0 0 0 0 0 0 0 0 0 XIV. Industrial Load Opt-out P.U.C. SUBST. R. 25.173(j)(1) provides that “A customer receiving service at transmission-level voltage who submits an opt-out notice to the commission for the applicable compliance period shall have its Load excluded from the RPS calculation.” In 2011, there were eighty-two (82) electric service identifiers (ESI IDs) that opted out of the Program. A table identifying the industrial Loads and associated MWh of Load removed from the calculation is provided as confidential information in Exhibit 5. 15 XV. Historical Information A. General Historical Comparison Market Participants Registered in the REC Program Retail Entities REC Brokers REC Traders REC Trading Exchanges REC Aggregation Companies Others 2004 72 25 38 15 15 19 2006 107 25 44 15 15 24 2008 135 27 80 17 1 54 2010 168 32 98 16 1 67 2011 177 33 101 16 2 70 2004 2006 2008 2010 2011 Offset Generator Accounts Registered with ERCOT: 9 9 6 6 6 Hydro Generation Capacity 203 197 178.5 178.5 178.5 Landfill Gas Generation Capacity 6.3 6.3 3.3 3.3 3.3 Wind Generation Capacity 115.8 115.8 115.8 115.8 115.8 Total REC Offset Generation Capacity 325.1 319.1 297.6 297.6 297.6 2004 1 7.68 5.28 Mixed Generation Accounts Offset Capacity New Capacity YEAR New Renewable Generation MWh 2006 2007 2008 2009 2010 2011 6,546,730 9,438,737 16,516,899 20,897,076 27,208,844 31,226,695 YEAR 2006 2007 2008 2009 2010 2011 Total Texas Competitive Load MWh 256,801,491 257,288,432 244,218,689 238,871,782 245,416,659 255,265,444 REC Offset Generation MWh 525,036 628,355 675,692 697,202 805,956 481,323 16 2006 2 10.68 6.28 Mixed Generation MWh 36,034 65,552 0 0 0 0 2008 0 0 0 2010 0 0 0 2011 0 0 0 Total Renewable Generation MWh 7,107,800 10,132,644 17,192,591 21,594,278 28,014,800 31,708,018 B. 2010 Detailed Historical Information (Confidentiality Status Expired) 2010 REC REQUIREMENTS Retail Entity 10K Energy, LLC DBA Mission PO Abacus Resources Energy, LLC Acacia Energy, Inc. Accent Energy Texas, LP Affordable Power Plan Alliance Power Company, LLC Ambit Energy AmeriPower Amigo Energy Andeler Corporation APN Starfirst, LP APNA Holdings, LLC Bounce Energy BP Energy Brilliant Energy, LLC CALPINE POWER AMERICA, LP Champion Energy Industrial Services I Champion Energy Industrial Services III Champion Energy Services CIRRO Group, Inc. Clearview Electric, Inc. ConEdison Solutions ConocoPhillips Company Constellation NewEnergy CPL Retail Energy, LP CPL Retail Energy, LP DBA CPL DE Multi-Family Direct Energy Business, LLC Direct Energy Business Services Direct Energy DBA 1400 Direct Energy, LP dPi Energy EDF Industrial Power Services (TX) I, LLC EDF Industrial Power Services (TX) II, LLC EDF Industrial Power Services (TX), LLC Electric Now, LP En-Touch Energy Energy Plus Holdings, LLC Entergy Texas 17 RPS 394 3,635 149 32,781 29,902 6,493 93,462 8,857 29,823 1,121 6,214 2,008 15,217 7,237 6,846 108 8,355 3,403 162,161 129,685 43 44,903 7,911 344,560 18,343 50,965 19,747 478,416 2,385 364 124,950 13,860 1,261 1,262 71,461 0 165 2,738 505,857 2010 REC REQUIREMENTS Retail Entity EPEC EXTEX Retail Services Company, LLC First Choice Power - AMS First Choice Power - POL First Choice Power Special Purpose, LP Frontier Utilities, Inc. Fulcrum DBA Tara Energy Resources Gateway Power Services Gexa Corp. Gexa Energy Glacial Energy, Inc. Green Mountain Energy Green Mountain Energy Company Green Mountain Energy, Commercial Service Green Mountain Multifamily Hino Electric Power Company Hudson Energy Services Iluminar Energy, LLC Infinite Energy, Inc. Integrys Energy Services, Inc. (b) Just Energy Texas Kinetic Energy, LLC LPT, LLC DBA LPT SP, LLC Mega Energy, LP MidAmerican Energy Company Milagro Power Company Monongahlea Communications, LLC MP2 Energy Texas, LLC MXenergy Electric, Inc. MXenergy Electric, Inc. II Nations Power, LLC Neumin Production Company NextEra Energy Power Marketing, LLC Noble Americas Energy Solutions Nooruddin Investments, LLC DBA Discount Power Nueces Electric Coop Occidental Power Marketing, LP Our Energy, LLC Pegasus Alliance Corporation DBA OnPAC Energy Pennywise Power, LLC Penstar Power, LLC 18 RPS 226,187 1,274 166 0 139,471 3,225 7,318 1,968 176,907 71,018 9,995 5 94,024 81,073 4,399 3,943 76,458 138 1 41,919 112,936 8,911 32,839 7,261 26,055 1,207 120 6,914 10,681 0 441 11,100 1,097 224,834 182 4,598 13,788 3,203 1,130 5 1,505 2010 REC REQUIREMENTS Retail Entity Pepco Energy Services Potentia Energy Prier Energy Prier Energy, Inc. DBA General Power Light Prier Energy, Inc. DBA Todays Energy Proton Energy Pulse Electric Inc. Reach Energy, LLC Reliant Energy Retail, LLC Reliant Energy Solutions, LLC Reliant Energy Texas Retail, LLC REPower, LLC Shell Energy North America (US), LP Simple Power Southwestern Public Service Co. Spark Energy, LP StarTex Power Stream Gas and Electric, Ltd. SUEZ Energy Resources NA, Inc. SWEPCO Tara Energy, LLC DBA Smart Prepaid Electric Tara Energy, Inc. Tenaska Power Services Co. DBA TPS I Tenaska Power Services Co. DBA TPS II Tenaska Power Services Co. DBA TPS III Tenaska Power Services Co. Tenaska-Oxy Power REP Services, LP DBA TOPS I Texas Power, LP Texas Power, LP DBA Pre Pay Power Texas Power, LP Texas Retail Energy Texpo Energy DBA Texpo Power TEXREP1, LLC TexRep7, LLC TriEagle Energy, LP True Electric, LLC TXU Energy TXU ET Services Company Weir Investments Fund DBA Apollo Power Light WTU Retail Energy, LP Young Energy 19 RPS 3,388 2,681 1 185 62 495 1 311 921,492 795,495 0 52 7,627 7,894 422,199 35,746 136,656 233,913 526,147 181,096 6 28,352 60,739 2,456 0 18,816 23,005 13,522 537 2,125 58,996 20,778 2,583 0 21,916 650 1,862,823 11,868 3,348 0 383 2010 OFFSETS ALLOWED Retail entity CPL Retail Energy, LP Entergy Texas Nueces Electric Coop SWEPCO TXU Energy WTU Retail Energy, LP Total 20 Allowed Offsets 99,027 61,535 20,000 99,272 129,924 24,810 434,568 Account Holder 10K Energy, LLC dba Mission PO 3Degrees Group, Inc. (Green-e) Acacia Energy, Inc. Accent Energy Texas, LP Affordable Power Plan Alliance Power Company, LLC Ambit Energy American Wind Power Center AmeriPower Amigo Energy Andeler Corporation APN Starfirst, LP APNA Holdings, LLC Austin Energy Bluebonnet Electric Cooperative, Inc. Bounce Energy BP Energy Brilliant Energy, LLC CALPINE POWER AMERICA, LP Capricorn Ridge Wind II, LLC Carbonfund.org Champion Energy Industrial Services I Champion Energy Industrial Services III Champion Energy Services CIRRO Group, Inc. City of Arlington, Texas City of Carrollton City of College Station City of Euless City of Frisco City of Georgetown City of Houston City of Plano Retired Mandatory 2010 REC RETIREMENT Retired Expired Retired Voluntary Quantity Mandatory (CP) Retired Voluntary (CP) Expired Quantity (CP) 394 0 0 0 0 0 0 80,000 0 0 0 0 149 32,781 0 62,986 0 0 0 0 0 0 0 0 29,902 0 0 0 0 0 6,493 0 0 0 0 0 93,462 0 0 252 0 0 0 0 0 0 0 0 8,857 29,823 1,121 3,214 2,008 0 0 0 0 0 0 0 855,020 9,151 0 0 0 0 0 0 0 0 0 0 3,000 0 0 0 0 0 0 0 0 8,178 0 0 0 0 0 0 0 0 15,217 7,237 6,846 0 5 0 0 0 0 0 0 0 0 0 0 108 0 0 0 0 0 0 0 0 0 231,726 0 0 0 0 0 8,355 9,040 10,945 0 0 0 0 0 0 0 0 3,403 0 0 0 0 0 162,161 37,799 0 0 0 0 129,685 0 237 0 0 5,530 0 0 0 0 0 0 0 0 1,899 4,331 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18,535 0 0 613 161 0 175,200 2,892 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21 Account Holder City of San Marcos City of Sweetwater City of Watauga Clean Currents Clearview Electric Inc. Commerce Energy, Inc. Community Energy, Inc. Community Green Energy, LLC ConEdison Solutions ConocoPhillips Company Conservation Services Group Constellation Energy Commodities Group, Inc. Constellation NewEnergy CoServ Electric CPL Retail Energy, LP CPL Retail Energy, LP DBA CPL CPS Energy DE Multi-Family Dell USA, LP Denton Municipal Electric Direct Energy Business, LLC Direct Energy Business Services Direct Energy DBA 1400 Direct Energy LP Green-e Retirements Direct Energy, LP dPi Energy EDF Industrial Power Services (TX) I, LLC EDF Industrial Power Services (TX) II, LLC EDF Industrial Power Services (TX), LLC Element Markets, Retired Mandatory 2010 REC RETIREMENT Retired Expired Retired Voluntary Quantity Mandatory (CP) Retired Voluntary (CP) Expired Quantity (CP) 0 0 0 0 43 363 0 0 122,327 0 0 520 101 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,000 0 0 0 0 133,611 0 0 0 0 0 7,000 0 0 0 0 44,903 7,911 0 0 0 0 0 0 0 0 0 0 0 1,300 0 0 0 0 0 1,071 0 0 0 0 344,560 0 0 0 0 0 0 18,343 1,914 0 0 0 0 0 0 0 0 0 50,827 0 0 138 0 0 0 19,747 0 0 1,605,437 0 64,095 141,732 0 0 0 0 0 0 0 0 47,990 0 25,304 0 0 0 0 0 478,416 0 0 0 0 0 2,385 0 0 0 0 0 364 0 0 0 0 0 0 224,694 0 0 0 0 124,950 13,860 1,261 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,262 0 0 0 0 0 71,461 0 0 0 0 0 0 62,499 0 0 0 0 22 Account Holder LLC- Green-e Retirements En-Touch Energy Energy Plus Holdings, LLC Entergy Texas EPEC EXTEX Retail Services Company, LLC First Choice Power AMS First Choice Power Special Purpose, LP Forest Creek Wind Farm, LLC FPL Pecos Wind 1, LLC FPL Pecos Wind 2, LLC Frontier Utilities, Inc. Fulcrum DBA Tara Energy Resources Gateway Power Services Gexa Corp. Gexa Energy Glacial Energy, Inc. Green Mountain CI RECs Green Mountain Energy Green Mountain Energy Company Green Mountain Energy Commercial Service Green Mountain Multifamily Greenhouse Gas Services, LLC Hino Electric Power Company Hudson Energy Services ICAP United, Inc. Iluminar Energy, LLC Infinite Energy, Inc. Integrys Energy Retired Mandatory 2010 REC RETIREMENT Retired Expired Retired Voluntary Quantity Mandatory (CP) Retired Voluntary (CP) Expired Quantity (CP) 165 2,738 0 0 0 0 0 0 0 0 0 0 505,857 226,187 1,274 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 166 0 0 0 0 0 139,121 395,529 0 350 0 0 0 0 10 0 0 0 0 0 46 0 0 0 0 0 73 0 0 0 3,225 7,318 1,021 0 0 0 0 0 0 0 0 0 1,968 0 0 0 0 0 176,907 71,018 9,995 0 139,389 2,862 0 12,329 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 0 0 0 0 0 94,024 1,714,209 0 0 0 0 81,073 78,880 0 0 0 0 4,399 0 0 0 0 0 0 0 15 0 0 0 3,943 0 0 0 0 0 76,458 0 0 0 0 0 0 138 1 41,919 0 0 0 0 10,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 23 Account Holder Services, Inc. (b) Just Energy Texas Kinetic Energy, LLC LPT, LLC DBA LPT SP, LLC MeadWestvaco Texas LP Mega Energy, LP MidAmerican Energy Company Milagro Power Company Monongahlea Communications, LLC Morgan Stanley Capital Group Inc. MP2 Energy Texas, LLC MXenergy Electric, Inc. National Power Company, Inc. Nations Power, LLC NativeEnergy, Inc. Neumin Production Company Nexant Clean Energy Solutions NextEra Energy Power Marketing, LLC Noble Americas Energy Solutions Noble Americas Energy Solutions Green E Nooruddin Investments, LLC DBA Discount Power Nueces Electric Coop Occidental Power Marketing, LP Our Energy, LLC Pegasus Alliance Corporation DBA OnPAC Energy Pennywise Power, LLC Retired Mandatory 2010 REC RETIREMENT Retired Expired Retired Voluntary Quantity Mandatory (CP) Retired Voluntary (CP) Expired Quantity (CP) 112,936 8,911 32,839 36,267 20,270 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6,932 0 0 0 0 7,261 26,055 326 0 0 0 0 0 0 0 0 0 1,207 0 0 0 0 0 120 0 0 0 0 0 0 3,109 0 0 0 0 6,914 0 0 0 0 0 10,681 0 0 0 0 0 0 0 2,000 0 0 0 441 0 11,100 0 7,500 0 0 10,297 0 0 0 0 0 0 0 0 0 0 0 268,528 0 0 0 0 1,097 978,693 0 0 0 0 224,834 0 0 0 0 0 0 5,017 0 0 0 0 182 0 0 0 0 0 4,598 13,788 0 0 0 0 0 0 0 0 0 0 3,203 1,130 0 0 0 0 0 0 0 0 0 0 5 0 0 0 0 0 24 Account Holder Penstar Power, LLC Pepco Energy Services Potentia Energy Pre-Buy Electric Prier Energy Prier Energy, Inc. DBA General Power Light Prier Energy, Inc. DBA Todays Energy Proton Energy Reach Energy, LLC Reliant Energy Retail ,LLC Reliant Energy Solutions, LLC Reliant Renewable Energy Option-TX Renewable Choice Energy REPower,, LLC Sand Bluff Wind Farm,, LLC Scurry County Wind, LP Shell Energy North America (US), LP Shell Energy North America (US), LP Simple Power Small Hydro of Texas, Inc. Southwestern Public Service Co. Spark Energy, LP StarTex Power Sterling Planet Stream Gas and Electric, Ltd. SUEZ Energy Resources NA, Inc. SUEZ Energy Resources NA, Inc. Super Green SWEPCO Tara Energy, LLC DBA Smart Prepaid Electric Retired Mandatory 2010 REC RETIREMENT Retired Expired Retired Voluntary Quantity Mandatory (CP) Retired Voluntary (CP) Expired Quantity (CP) 1,505 3,388 0 0 0 0 0 0 0 0 0 0 2,681 0 1 185 0 0 0 0 0 29 0 0 0 0 0 0 0 0 0 0 0 0 0 0 62 0 0 0 0 0 495 311 909,807 0 0 2,581,954 0 0 0 0 0 11,685 0 0 0 0 0 0 795,495 28,276 0 0 0 0 0 51,187 0 0 0 0 0 741,968 0 0 0 0 52 0 0 0 0 2,074 0 0 0 0 0 0 0 0 1 0 0 0 7,627 0 0 0 0 0 0 212 0 0 0 0 7,894 0 1,329 0 0 88 0 0 0 0 0 0 422,199 0 0 0 0 0 35,746 136,656 0 233,913 19,500 7,570 284 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 526,147 323,095 0 0 0 0 0 329,037 0 0 0 0 181,096 6 0 0 0 0 0 0 0 0 0 0 25 2010 REC RETIREMENT Retired Expired Retired Voluntary Quantity Mandatory (CP) Account Holder Retired Mandatory Retired Voluntary (CP) Tara Energy, Inc. Tenaska Power Services Co. DBA TPS I Tenaska Power Services Co. DBA TPS II Tenaska Power Services Co. Tenaska-Oxy Power REP Services, LP DBA TOPS I Texas Power, LP Texas Power, LP DBA Pre Pay Power Texas Power, LP Texas Retail Energy Texpo Energy, DBA Texpo Power TEXREP1, LLC Town of Addison TriEagle Energy, LP True Electric, LLC TXU Energy TXU ET Services Company Viridis Energy, LP Security Washington Gas Energy Services Weir Investments Fund DBA Apollo Power Light WM Renewable Energy, LLC Young Energy Totals 28,352 60,739 0 0 0 0 0 0 0 0 0 0 2,456 0 0 0 0 0 18,816 0 0 0 0 0 23,005 0 0 0 0 0 10,144 537 6,340 0 0 0 3,378 0 0 0 0 0 2,125 58,996 20,778 5,718 0 46,618 0 0 0 0 0 0 0 0 0 0 0 0 2,583 0 21,916 650 1,861,426 11,868 0 0 3,500 0 21,843 0 0 1,059 0 0 0 0 0 0 0 0 1,397 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13 0 0 0 0 276,931 0 0 0 0 3,348 0 0 0 0 0 0 24,404 0 0 24,404 0 383 9,029,990 0 11,828,596 0 211,722 0 20,056 0 105,876 0 0 2010 REC NON-COMPLIANCE DETAIL (Out of Compliance) Retail Entity RPS Mandatory REC Mandatory CP Retirements Retirements Abacus Resources Energy, LLC 3,635 0 0 Pulse Electric, Inc. 1 0 0 26 Expired Quantity (CP) #REC to Comply 3,635 1