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  • Outcome
    On Feb. 2, 2016, FERC approved the ISO’s request to maintain the effectiveness of existing tariff provisions in allocating financial default losses across all market participants in accordance with a settlement agreement approved by FERC in Docket No. EL09-62. This is the ISO methodology for calculating a market participant’s percentage share of a payment default. The existing tariff provisions became effective on Feb 11, 2016. — Implemented: Feb 11, 2016; FERC approval: Feb 02, 2016; Tariff amendment filing: Nov 10, 2015 (ER16-305)