FCM Reliability Charge

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) and Market Rule 1, Section III.13.2.7.3(b)(iv).

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

Regional Network Load Cost

  Copyright ©2014 ISO New England Inc.