Message-ID: <24025927.1075857918412.JavaMail.evans@thyme> Date: Tue, 15 May 2001 10:17:00 -0700 (PDT) From: owner-nyiso_tech_exchange@lists.thebiz.net To: tie_list_server.nyiso@nyiso.com Subject: April 2001 Supplemental Invoice & Banking Instructions Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: owner-nyiso_tech_exchange@lists.thebiz.net X-To: TIE_List_Server.NYISO@nyiso.com X-cc: X-bcc: X-Folder: \Larry_Campbell_Jun2001\Notes Folders\Discussion threads X-Origin: Campbell-L X-FileName: lcampbel.nsf On April 24, 2001, the NYISO deployed code changes affecting Class 1 PURPA transactions in the billing system and modified bid status flagging in the MIS. These changes impacted settlements for 4/10, 4/11, 4/13, and 4/18 - forward. There was a code design problem with the PURPA code change that resulted in an error in the computation of balancing energy for some class 1 units that resulted in their purchasing their entire day-ahead schedules in the balancing market. There was also an oversight in the implementation of the modified bid status flagging in the MIS such that those bids were not transferred into the billing system, impacting bid production cost guarantee settlements for the units with a modified bid status. The NYISO will be posting supplemental invoices for April 2001 settlements by 2300, today, Tuesday, May 15th to adjust for the aforementioned issues. Funds due the NYISO for this supplemental invoice should be transferred into the NYISO Clearing Account by close of business Wednesday, May 23, 2001. Funds due Market Participants from the NYISO for this supplemental invoice will be transferred into Market Participant accounts by close of business Friday, May 25, 2001. PLEASE NOTE THAT: Funds due the NYISO for the April 2001 settlements which were invoiced on May 7, 2001 should be transferred into the NYISO Clearing Account by close of business Wednesday, May 16, 2001, as scheduled. Funds due Market Participants from the NYISO for the April 2001 settlements invoiced on May 7, 2001 will be transferred into Market Participant accounts by close of business Monday, May 21, 2001, as scheduled. Please be aware that as per the ISO Services Tariff any disputed amounts are to be paid in full. Upon resolution of the dispute, if it is determined that an overpayment has been made by the Customer, a refund, with interest, will be made by the ISO In order to reconcile customer invoices for the supplemental April 2001 invoice, it will be necessary to net the following versions of the daily advisory statements: Date Current Previous 1 V-2 minus V-2 2 V-2 minus V-2 3 V-2 minus V-2 4 V-2 minus V-2 5 V-2 minus V-2 6 V-2 minus V-2 7 V-2 minus V-2 8 V-2 minus V-2 9 V-2 minus V-2 10 V-4 minus V-3 11 V-4 minus V-3 12 V-2 minus V-2 13 V-4 minus V-3 14 V-2 minus V-2 15 V-2 minus V-2 16 V-2 minus V-2 17 V-2 minus V-2 18 V-3 minus V-2 19 V-3 minus V-2 20 V-3 minus V-2 21 V-3 minus V-2 22 V-3 minus V-2 23 V-3 minus V-2 24 V-3 minus V-2 25 V-3 minus V-2 26 V-3 minus V-2 27 V-3 minus V-2 28 V-3 minus V-2 29 V-3 minus V-2 30 V-3 minus V-2 Attached below please find banking instructions for the transfer of funds resulting for these settlements. (See attached file: April_2001_Supplemental_Invoice_Banking_Instructions.PDF) - April_2001_Supplemental_Invoice_Banking_Instructions.PDF