Proposed Revision Request Detail Help
PRR Life Cycle*******Final Decision**
PRR Details
PRR #
1298
Title Updated settlement and billing business practice manual for market settlements timeline transformation initiative
Date Submitted 10/28/2020 1:16 PM
PRR Category B
Priority Normal
Owner Corona, Brenda (CAISO)
Status Final Decision
Status End Date 1/5/2021 11:59 PM
Related BPM Settlements and Billing
BPM Section Settlements and Billing BPM v26
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Existing Language
 
 See BPM attached to this PRR
Proposed Language
 
See BPM attached to this PRR
Reason For Revision
 

The Settlement configuration changes are needed to support the Market Settlements Timeline Transformation initiative. The initiative alters current market settlement timeline in order to:

a)       Reduce market participant financial exposure by producing initial settlement statements that will closely approximate the final settlement.

b)      Allow sufficient time for the ISO and market participants to resolve disputes.

c)       Extend flexibility in publishing settlement statements and weekly invoices.

 

     The ISO anticipates implementation of the BPM changes on 1/1/2021
Click here to view the Recommendation Details for this PRR
BPM PRR Submitter

Corona, Brenda (CAISO)
Modified BPM language proposed by the PBM Chnage Management Coordinator

The ISO proposes no modified BPM language beyond that proposed in the BPM PRR.
Identification of the authorship of comments

No comments were received.
Action

Approve the BPM PRR as submitted

NA
Statement of apparent requirements of the BPM PRR

This BPM PRR contains basic language changes.
Priority and rank for any BPM PRR requiring a CAISO system change

There are system changes associated with this PRR. The system changes are planned for implementation on 12/15/2020 on a normal basis.
Proposed effective date(s) of the BPM PRR

The ISO proposes an effective date of 1/1/2021 for the BPM revisions.
Other recommended actions

The ISO does not recommend any other actions on this BPM PRR.
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Final Decision

 The ISO will adopt the BPM change as proposed in the recommendation.
Stakeholder Comment

No comments submitted.

Effective Date

1/1/2021
Action

Adopt the recommendation as originally issued

None
Announcements
No Announcements has been posted for this PRR.
Impact Analysis
Initial Comments
No Initial Comments available for this PRR.
Recommendation Comments
No Recommendation Comments available for this PRR.
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