FCM Import Penalty Credit

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

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