For settlements after June 1, 2022, please refer to the Forward Capacity Market (FCM) Reliability Charge.
The Forward Capacity Market (FCM) reliability charge is the allocation of the total FCM reliability credit paid to resources retained for reliability (RFR).
Primary provisions for the FCM charges are included in, but not limited to, Market Rule 1, Sections III.13.2.5.2.5.1(d) and III.13.2.7.3(b)(iv).
Reliability charges are allocated to customers with a network load obligation in a reliability region where reliability credits have been paid. A customer with a network load obligation for the obligation month is subject to a charge on the basis of its network load obligation in the reliability region, the reliability region network load, and the total reliability credits in the reliability region.
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The monthly bill detail contains a single line item for the reliability charges entitled "FCM Reliability Charge."
BL_DAILYPOSITION Daily financial position, including all market-service settlements and miscellaneous billing adjustments generated on a daily basis and issued to all active customers registered as a participant or nonparticipant
SD_FCMRELIABILITYDTL Issued on a monthly basis for the prior month and before initial billing and resettlement billing
FCM Reliability Credits and Charges Calculation Summary
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