Resource Adequacy Availability Incentive Mechanism Charge Code 8835 Annual Unallocated Funds Disbursement for 2022 and 2023

After the completion of all settlement cycles for 2022 and 2023, there are remaining unallocated charges for Generic and Flexible Resource Adequacy (RA) Capacity. Tariff section 40.9.6.2(d) states that the California ISO distributes any unallocated funds remaining after the ISO settles Dec. monthly Resource Adequacy Availability Incentive Mechanism (RAAIM), Non-Availability Charges and Non-Availability Incentive Payments. Funds remaining from generic RAAIM are distributed to load serving entities (LSE) based on their load ratio share for the year and funds remaining from flexible capacity RAAIM are distributed based on their proportion of overall flexible RA capacity obligations for the year. 

The ISO will distribute the unallocated RAAIM funds for 2022 and 2023 through charge code 8835. The ISO will include notation specifying which funds are for generic RAAIM and which are for flexible RAAIM.

• 2022 unallocated RAAIM funds will be distributed on the daily T+9B initial settlement statement of trade date March 30, 2026, to be published on April 10, 2026.
• 2023 unallocated RAAIM funds will be distributed on the daily T+9B initial settlement statement of trade date March 31, 2026, to be published on April 13, 2026.
• These daily T+9B initial statements will be included in the April 15, 2026, Market invoice, with invoice due date of April 21, 2026.

The final Annual Unallocated Funds Disbursement amounts are as follows:

Accrued interest was assessed for 2022 and 2023 through April 21, 2026, to ensure that no additional invoice deviation interest will be assessed when the invoice containing this trade date publishes on April 15, 2026.