The California ISO is allocating funds provided to the ISO under three orders from the Federal Energy Regulatory Commission (FERC). Each of the three orders approved stipulation and consent agreements between FERC’s Office of Enforcement and a different ISO market participant. Under the settlement agreements, the market participant agreed to disgorge funds to the ISO, with the ISO ordered to allocate the disgorged funds “pro rata to network load.”

The three orders and the disgorgement amounts are:

• AES Alamitos, LLC & AES Redondo Beach, LLC, 185 FERC 61,060 (2023) - $2,970,000
• Leapfrog Power, Inc., 183 FERC 61,137 (2023) - $46,120
• OhmConnect, Inc., 183 FERC 61,136 (2023) - $8,906

Because each of the three matters involves different conduct and a different period, the ISO is allocating the three pools of funds on different pro rata bases.

The ISO is allocating the funds from AES Alamitos, LLC pro rata by the metered demand attributable to each scheduling coordinator ID over the period June 2018 to May 2020. The funds from Leapfrog Power, Inc. are being allocated pro rata by metered demand over the 2019 calendar year and the funds from OhmConnect, Inc. pro rata by metered demand over the 2018 calendar year.

The ISO will include the disbursement from each of the orders in Neutrality charge code 8989 on the Nov. 7, 2023 T+9B initial settlement statement publishing on Nov. 20, 2023. Billing for this statement will be reflected on the weekly invoice issuing on Nov. 22, 2023. The disbursement will be made through three distinct pass through bill (PTB) transactions, corresponding to each of the three orders. The ISO will include information to identify which PTB corresponds to which matter in the PTB comments field in the BA Bill Determinant file included with the settlement statement.