CALIFORNIA ISO MARKET NOTICE

Requested Client Action:  Information Only

 

Date of Distribution:  February 27, 2008

 

Categories:  ISO News and Information, Settlements and Market Clearing

 

Subject:  Reporting ISO/RTO Costs in 2007 Pursuant to FERC Order 668

___________________________________________________

 

Summary:  Effective April 1, 2006, FERC Order 668 requires the CAISO to report its costs using three specified FERC accounts.  The CAISO has allocated its GMC charge types (CTs) and line/path operator agreement (LOA) charges into the required accounts for 2008.  Market Participants billed for CAISO’s costs through the GMC and LOAs can report those costs pursuant to the FERC order.

___________________________________________________

 

Main Text:  Effective April 1, 2006, Federal Energy Regulatory Commission (FERC) Order 668 requires the California ISO (CAISO) to report its costs using three specified FERC accounts.  The accounts are:

·         561.4 – Scheduling, System Control and Dispatch Services

·         561.8 – Long-Term Reliability Planning and Standards Development Services

·         575.7 – Market Facilitation, Monitoring and Compliance Services

 

The CAISO has allocated its 2008 costs that comprise the 14 Grid Management Charge (GMC) CTs and one LOA charge into the required FERC accounts.  The table below presents the 2007 percentage of each FERC account that makes up the GMC CT and LOA.  Market Participants billed for CAISO’s costs through the GMC and LOA can report those costs pursuant to the FERC order.  

 

To calculate each account, take the charges for each respective CT or LOA and apply the percentages from the table.  Market Participants can also access the table at http://www.caiso.com/1f79/1f79c74742ad0.pdf .

 

Percentage Allocation of GMC CTs and LOA to FERC Accounts for 2008
GMC CT or LOA	CT Description	FERC Account %			Total %
		561.4	561.8	575.7
4501	Core Reliability Services Non-Coincident Peak	87.5%	12.5%	0.0%	100.0%
4502	Core Reliability Services Non-Coincident Off Peak	87.5%	12.5%	0.0%	100.0%
4503	Core Reliability Services Export Energy	87.5%	12.5%	0.0%	100.0%
4504	Core Reliability Services Export Energy and Energy Transmission Services Net Energy - Mohave	83.2%	16.8%	0.0%	100.0%
4505	Energy Transmission Services Net Energy	82.5%	17.5%	0.0%	100.0%
4506	Energy Transmission Services Deviations	82.5%	17.5%	0.0%	100.0%
4511	Forward Scheduling	100.0%	0.0%	0.0%	100.0%
4512	Forward Scheduling – Inter SC Trades	100.0%	0.0%	0.0%	100.0%
4513	Forward Scheduling Path 15 Facilitator	100.0%	0.0%	0.0%	100.0%
4522	Congestion Management	28.9%	0.0%	71.1%	100.0%
4534	Market Usage Ancillary Services	2.8%	0.0%	97.2%	100.0%
4535	Market Usage Instructed Energy	2.8%	0.0%	97.2%	100.0%
4536	Market Usage Uninstructed Energy	2.8%	0.0%	97.2%	100.0%
4575	Settlements, Metering and Client Relations	62.5%	9.8%	27.7%	100.0%
LOA	COI Path Operator agreement	87.5%	12.5%	0.0%	100.0%

___________________________________________________

 

For More Information Contact:  Michael Epstein at (916) 351-2314 or mepstein@caiso.com