What is the FCM Reliability Charge?
The Forward Capacity Market (FCM) Reliability Charge is the allocation of the total FCM Reliability Credit paid to Resources retained for reliability (RFR).
In what document(s) do I find details about the FCM Reliability Charge?
Primary provisions for the FCM Charges are included in, but not limited to Market Rule 1, Section III.13.2.5.2.5.1(d).
Who can expect to incur a FCM Reliability Charge?
Market Participants with Network Load
Reliability Charges are allocated to customers that have a Network Load obligation in a Reliability Region where Reliability Credits have been paid. A customer with a Network Load obligation for the Obligation Month shall be subject to a charge based on its Network Load obligation in the Reliability Region, the Reliability Region Network Load, and the total Reliability Credits in the Reliability Region.
Related Standard Settlements
N/A
Related Billing Adjustments
N/A
Bill Detail
The monthly bill detail contains a single line item for the reliability charges entitled "FCM Reliability Charge."
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 Reliability Details
SD_FCMRELIABILITYDTL Issued on a monthly basis for the prior month and prior to initial billing and resettlement billing.
Related Calculation Summary
FCM Reliability Credits and Charges Calculation Summary
FERC EQR
N/A
Additional Related Materials
ISO News Issue 191 - ISO New England to Release New Daily Financial Position Report