Decision on Payment Acceleration Steve Berberich Vice President of - PowerPoint PPT Presentation

Jun 08, 2023 •236 likes •284 views

Decision on Payment Acceleration Steve Berberich Vice President of Corporate Services ISO Board of Governors General Session March 26-27, 2009 In December, the Board authorized a resolution directing that Management file a Payment

Decision on Payment Acceleration Steve Berberich Vice President of Corporate Services ISO Board of Governors General Session March 26-27, 2009
In December, the Board authorized a resolution directing that Management file a Payment Acceleration tariff amendment on May 1. ! At the December 2008 meeting, the Board: ! Approved proposal to accelerate the settlement schedule. ! Directed Management to make all necessary and appropriate filings with FERC on or before May 1, 2009. ! Stakeholder workshops on January 14 and February 24, 2009 achieved agreement on a target deployment date of October 1, 2009 based on timely achievement of a set of metrics. Slide 2
Management requests flexibility on the filing date for tariff changes. ! The tariff filings should between 60 and 120 days of the implementation. ! The target date is now October 1 but could change based on MRTU performance and related metrics. ! We are applying lessons learned from MRTU to the process. ! Software will be completed before a market test period. ! We request flexibility beyond May 1 to file the tariff consistent with the final implementation date. Slide 3

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