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ISO Credit Policy and Procedure Guide

pdf 368K

Summary:

All Market Participants and FTR Bidders requesting transmission services with the ISO will be subject to a financial review in accordance with the ISO standards for determining creditworthiness. Such review procedures are designed to protect Market Participants and FTR Bidders from undue exposure to default risk by other Market Participants and FTR Bidders.

Extract:

This Credit Policy & Procedures Guide (CPPG) provides Market Participants and FTR Bidders further detailed information regarding credit-related provisions described in Section 12 of the ISO Tariff. By providing this information, the ISO hopes to provide Market Participants and FTR Bidders increased visibility into the standard, commercial credit review procedures that the ISO uses in evaluating a Market Participant's and FTR Bidder's ability to meet its financial obligations.

Document Locations:

• Credit Policy
• ISO Credit Policy Stakeholder Process