The Credit Department application must be completed by all applicants for ISO-NE participation. This application is used, in part, to calculate the participant's initial financial assurance requirement.

Required tax forms are:

• W-9 or W-8

• Audited financial statements from the most recently completed two years

• Most recent quarter of unaudited financial statements accompanied by an officer's certificate

The New Member Credit Application will not be considered complete without the receipt of a all documents listed.

(4) Average MW/hr within a 24-hour contiguous period; example, MW/hr for 20 MWs is 0.83 (20/24=0.83)

Submitting detailed risk management policies, procedures, and controls is required.

Please provide three utility and/or trade references.