Budget and grid management charge process - 2025

Started: Mar 08, 2024

Leads
April Gordon

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 in the fourth quarter to review and discuss our draft revenue requirement and resulting charges. The draft is then finalized and presented to the Board of Governors for approval in December of each year.

Status

Development Decision Implementation Completed/Closed
Dec 18-19 Board of Governors meeting
Dec 19, 2024 Board of Governors approval
Completed

Activities


https://stakeholdercenter.caiso.com/InitiativeDocuments/Final-2025-BudgetandGridManagementChargeRatesBook.pdf

Final 2025 Budget and Grid Management Charge Rates Book

Web meeting


https://youtu.be/IildcQh5Sew https://stakeholdercenter.caiso.com/InitiativeDocuments/Presentation-2025-Budget-and-Grid-Management-Charge-Process-Nov5-2024.pdf

Presentation - 2025 Budget and Grid Management Charge Process - Nov 05, 2024

https://stakeholdercenter.caiso.com/InitiativeDocuments/2025-Budget-GMC-Rates-Draft-Budget-With-Appendixes.pdf

Budget and Grid Management Charge Process - Rates Draft Budget with Appendixes

https://stakeholdercenter.caiso.com/InitiativeDocuments/Comment-Responses-2025-Budget-and-Grid-Management-Charge-Process-Stakeholder-Call-Nov05-2024.pdf

Comment Responses - 2025 Budget and Grid Management Charge Process Stakeholder Call - Nov 05, 2024

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Web meeting


https://youtu.be/lrfCsCM1WZk https://stakeholdercenter.caiso.com/InitiativeDocuments/2025-Budget-and-Grid-Management-Charge-Process-08-06-24.pdf

Presentation - 2025 Budget and Grid Management Charge Process - Aug 06, 2024

Project Release Plans

https://www.caiso.com/systems-applications/release-planning http://www.caiso.com/Documents/ReleaseSchedule.pdf http://www.caiso.com/Documents/ImplementationMilestones.xlsx https://www.caiso.com/meetings-events/topics/market-performance-and-planning-forum

Project Summaries

https://stakeholdercenter.caiso.com/InitiativeDocuments/PreliminaryProjectsListingfor2024-2025.pdf

Preliminary Projects Listing for 2024 - 2025

https://stakeholdercenter.caiso.com/InitiativeDocuments/ActiveProjectsReportasofJun2024.pdf

Active Projects Report as of Jun 2024

https://stakeholdercenter.caiso.com/InitiativeDocuments/CompletedProjectsReportJul2023thoughJun2024.pdf

Completed Projects Report Jul 2023 though Jun 2024

Financial Summaries

https://www.caiso.com/documents/caiso2023auditedfs.pdf https://www.caiso.com/documents/quarterlyfinancialreportq1-24.pdf https://www.caiso.com/documents/quarterly-financial-report-q2-2024.pdf