ISO Schedule 5 NESCOE

What is ISO Schedule 5 NESCOE?

ISO Schedule 5 is the vehicle for recovery of funds from transmission customers to cover New England State Committee on Electricity (NESCOE) budgeted operating expenses. The ISO acts as the billing and collection agent for NESCOE for recovery of amounts reflected in the annual NESCOE budget.
Regional Network Service (RNS) is the transmission service that transmission customers purchase in order to serve their network load in the New England Control Area.

In what document(s) do I find details about ISO Schedule 5 NESCOE?

Primary provisions for the settlement of the ISO Schedule 5 NESCOE include, but are not limited to the ISO Self-Funding Tariff

Who can expect to incur an ISO Schedule 5 NESCOE Credit or Charge?

Credits

ISO-NE

As the billing and collection agent for NESCOE, ISO New England collects ISO Schedule 5 NESCOE payments and distributes these payments to NESCOE.

Charges

Monthly Regional Network Load

ISO Schedule 5 charges are calculated based upon Monthly Regional Network Load value for any transmission customer that is purchasing RNS at the Federal Energy Regulatory Commission (FERC) approved $/kW-month determined annually and effective January 1 through December 31.

Related Billing Adjustments

N/A

Bill Detail

The monthly bill contains a single line item netting charges and credits entitled “ISO Schedule 5 NESCOE”.

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.

For settlements post 10/1/2010:

Tariff-Monthly ISO Schedule 5 NESCOE Settlement

TR_ISOSCH5RNS Summarized in the monthly MIS Report issued one month in arrears of the settlement obligation month.

Related Calculation Summary

ISO Schedule 5 NESCOE Calculation Summary

For settlements prior to 10/1/2010:

Tariff-Regional Network Service Payments Report

TR_RNSP
Summarized in the monthly MIS Report issued one month in arrears of the settlement obligation month.

Tariff-Regional Network Service Charges Report

TR_RNSC
Summarized in the monthly MIS Report issued one month in arrears of the settlement obligation month.

Tariff-Monthly Regional Network Service Settlement

TR_RNSBLL
Summarized in the monthly MIS Report issued one month in arrears of the settlement obligation month.

Tariff- Monthly Regional Network Service Rates

TR_RNSRAT
Summarized in the monthly MIS Report issued one month in arrears of the settlement obligation month.

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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