Transmission Rights Clearing Account Disbursement
June 6, 2024
Participants withdrawing energy from the IESO-administered market will see a payment from the Transmission Rights Clearing Account (TRCA) on the May 31 Preliminary Settlement Statement and May 2024 Invoice. The payment will be issued on June 14, 2024. Funds from the clearing account will be credited using charge type 102 'TR Clearing Account Credit’.
The total amount of this disbursement will be $47,911,096.60 and split between two classes – loads and exporters, based on the proportion of total provincial and export transmission service charges collected from the market between November 2023 and April 2024. The proportions of transmission costs paid over the latest TRCA balance period are 98.40 per cent for the Provincial Transmission Service Charge and 1.60 per cent for the Export Transmission Service Charge.
Market participants will receive their pro-rata share of funds allocated to their respective class based on the total allocated quantity of energy withdrawn for loads and the scheduled quantity of energy for exporters over the last six months (December 2023 to May 2024). More information is available on the Transmission Rights Market webpage.