ISO New England assesses this charge when a market participant is suspended from ISO markets.
The provisions of market suspension and the suspension penalty are detailed in the ISO New England Billing Policy and ISO New England Financial Assurance Policy.
Market participants who are suspended from ISO markets due to a billing default or financial assurance default are assessed a suspension penalty for each occurrence of suspension.
Suspension penalty charges are included on the monthly bill as a line item entitled “Suspension Penalty [date of suspension].”