What is the FCM Import Penalty Credit?

The Forward Capacity Market (FCM) Import Penalty Credit is the credit from the allocation of FCM import penalties collected.

In what document(s) do I find details about the FCM Credit?

Primary provisions for the FCM Import Penalty Credits are included in, but not limited to Market Rule I Section III.13.7.2.2

Who can expect to incur an FCM Import Penalty Credit?

A Market Participant with a negative Capacity Load Obligation.

Related Standard Settlements

N/A

Related Billing Adjustments

N/A

Bill Detail

The monthly bill detail contains a single line item for the credit entitled "FCM Import Penalty Credit."

Reports

Daily Financial Position Report

BL_DAILYPOSITION Daily financial position including all market service settlements and miscellaneous billing adjustments generated on a daily basis; and, issued to all active customers registered as a Participant or Non-Participant.

Forward Capacity Market Import Penalty Credit Settlement Detail

SD_FCMIMPORTPENALTYCRD Issued on a monthly basis for the prior month and prior to initial billing and resettlement billing.

Related Calculation Summary

FCM External Transaction Penalty Calculation Summary

FERC EQR

N/A

Additional Related Materials

ISO News Issue 191 - ISO New England to Release New Daily Financial Position Report