This process results in the annual ISO revenue requirement – also known as a budget – and grid management charges. Each year, we kick off this process by scheduling a mid-year stakeholder meeting to review the ISO’s current financial condition and gather stakeholder input for the following year’s revenue requirement. A subsequent stakeholder meeting is conducted early in the third quarter to review and discuss our draft revenue requirement and resulting charges. The drafts are then finalized and presented to the Board of Governors for approval in December of each year.
| Development | Decision | Implementation | Completed/Closed |
|---|---|---|---|
|
Dec 20, 2021 Final 2022 Budget and Grid Management Charge Rates Book posted
|
Dec 15-16, 2021 Board of Governors approval
|
Completed |