IESO invites comments on market rule exemption application
June 11, 2020
Comments are invited on the IESO’s application to seek an exemption from market rule requirements on the default interest rate as outlined in Chapter 9, section 6 and Chapter 11. Introduced to mitigate the impact of COVID-19 on market participants, this temporary exemption application would allow the IESO to levy a lesser rate of default interest to market participants who are in default and unable to pay their invoices in full, as per the market rules.
More information on the exemption application is available on the Active Exemption Applications web page. Comments may be sent to exemptions@ieso.ca by June 18, 2020.