Skip Links
Sector Participants > IESO News > Transmission Rights Clearing Account Disbursement

News and Updates

Transmission Rights Clearing Account Disbursement

December 7, 2023

Participants withdrawing energy from the IESO-administered market will see a payment from the Transmission Rights Clearing Account (TRCA) on their November 30 preliminary settlement statement and November 2023 invoice that will be issued on December 14. Funds from the clearing account will be credited using the charge type 102 'TR Clearing Account Credit’.

The total amount of this disbursement will be $61,274,078.75. It will be split between two classes (loads and exporters) based on the proportion of total provincial transmission service charges and total export transmission service charges collected from the market between May 2023 and October 2023. The proportion of transmission costs paid over the latest TRCA balance period are 98.9 per cent for the Provincial Transmission Service Charge and 1.1 per cent for the Export Transmission Service Charge.

Market Participants will receive their pro-rata share of the funds allocated to their respective class based on the total allocated quantity of energy withdrawn for loads and the scheduled quantity of energy for exporters over the last six months (June 2023 to November 2023). More information is available on the Transmission Rights Market webpage.

< Back to IESO News