Congestion revenue rights tariff clarification 2012 (completed)

Outcome: Effective Sept. 10, 2012 the ISO accounting practices for long-term congestion revenue rights and load migration in the priority nomination process are clearly outlined in the tariff. The ISO also can now specify a more lenient notice period for bilateral congestion revenue rights transactions. — FERC order: Sept. 10, 2012 (ER12-2245)

The ISO proposes tariff clarifications for Congestion Revenue Rights (CRR) processes concerning the priority nomination process, seasonal eligibility quantity calculations, secondary registration, CRR PNode retirement, and credit requirements for load migration and merchant transmission. Some of these changes will impact the upcoming 2013 annual CRR process. This initiative seeks to better align the tariff and business processes.