On June 3, 2019, the Federal Energy Regulatory Commission accepted the filing of a market participant for fuel cost recovery plus interest under section 30.11 of the California ISO tariff for trade date July 23, 2018.

The refund to the market participant appears as a pass-through bill on the T+3B settlement statement for trading day Sept. 29, 2019 published today, October 2. The ISO will allocate the associated charges pro-rata to total metered demand for trade date July 23, 2018. The charges will appear under Charge Code 8989 (Daily Neutrality Adjustment). The total charges to be allocated to market participants will be $285,224. Interest associated with the resettlement will be reflected under charge code 5999 (FERC Mandated Interest on Re-runs) on the September 2019 T+3B monthly initial statement that will publish on October 3.