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.220.127.116.11
Who can expect to incur an FCM Import Penalty Credit?
A Market Participant with a negative Capacity Load Obligation.
Related Standard Settlements
Related Billing Adjustments
The monthly bill detail contains a single line item for the credit entitled "FCM Import Penalty Credit."
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