Payment Acceleration Project	Back to Previous Page  Download Adobe Reader

Background The California ISO (CAISO) recognizes that the current payment calendar takes too long between trade date and market clearing and presenting undue credit risk to market participation. This increased risk may hinder resource availability from out-of-state resources, challenges credit management, and exposes market participants to additional risk in the event of defaults or bankruptcies. CAISO plans to implement payment acceleration approximately 6 months after the Settlements and Market Clearing System (SaMC) go live. Payment acceleration would provide market clearing on an average of 30 days. Payment acceleration also opens the possibility of other significant settlement improvements, such as providing participants an increased dispute window, and implementing a sunset provision.

Outcome Pending closure of initiative

Process

Archive

Relevant Market Notices

Final Proposal - Payment Acceleration Agenda - Stakeholder Conference Call 04-Dec-2008 pdf 63K | Abstract | 11/26/2008 08:59 Final Proposal - Payment Acceleration pdf 280K | Abstract | 11/24/2008 16:24

Stakeholder Meeting 17-Nov-2008 Final Agenda - Payment Acceleration Stakeholder Meeting 17-Nov-2008 pdf 64K | Abstract | 11/17/2008 11:19 ISO Payment Acceleration Sample Payment Calendar pdf 69K | Abstract | 11/13/2008 09:00 APM Sample Payment Calendar - Payment Acceleration pdf 125K | Abstract | 11/18/2008 16:39 Payment Acceleration - Mock-up Invoice pdf 44K | Abstract | 11/14/2008 10:24 Presentation - Payment Acceleration Stakeholder Meeting 17-Nov-2008 pdf 279K | Abstract | 11/14/2008 16:53 Payment Acceleration - Stakeholder Meeting Presentation (Additional Slides) 17-Nov-2008 pdf 182K | Abstract | 11/18/2008 12:12

Stakeholder Comments on Payment Acceleration Straw Proposal Payment Acceleration Project Stakeholder Comments Template doc 52K | Abstract | 11/07/2008 09:48 Stakeholder comments on Straw Proposal - Summary Matrix pdf 92K | Abstract | 11/19/2008 15:13 ACES Power Marketing (APM) Sample Payment Calendar- Option #1 Timeline. pdf 45K | Abstract | 11/12/2008 09:24 ACES Power Marketing (APM) Sample Payment Calendar - Option #2 Timeline pdf 68K | Abstract | 11/13/2008 14:58 ACES Power Marketing Comments on Straw Proposal 13-Nov-2008 pdf 132K | Abstract | 11/13/2008 11:30 APX Comments on Straw Proposal 13-Nov-2008 pdf 145K | Abstract | 11/13/2008 14:02 City of Anaheim Comments on Straw Proposal 13-Nov-2008 pdf 152K | Abstract | 11/13/2008 11:27 City of Pasadena Comments on Straw Proposal 12-Nov-2008 pdf 154K | Abstract | 11/12/2008 12:38 PG&E Comments on Straw Proposal 13-Nov-2008 pdf 109K | Abstract | 11/14/2008 08:18 Powerex Comments on Straw Proposal 13-Nov-2008 pdf 26K | Abstract | 11/14/2008 08:23 SCE Comments on Straw Proposal 14-Nov-2008 pdf 169K | Abstract | 11/14/2008 14:21 SDG&E Comments on Straw Proposal 13-Nov-2008 pdf 141K | Abstract | 11/13/2008 15:13 WAPA Comments on Straw Proposal 13-Nov-2008 pdf 145K | Abstract | 11/14/2008 08:46 WPTF Comments on Straw Proposal 13-Nov-2008 pdf 55K | Abstract | 11/14/2008 08:14

Stakeholder Conference Call 06-Nov-2008 Agenda - Stakeholder Conference Call 06-Nov-2008 pdf 62K | Abstract | 11/06/2008 09:01 Presentation - Payment Acceleration Straw Proposal Review pdf 379K | Abstract | 11/04/2008 13:44 Payment Acceleration Project Straw Proposal pdf 291K | Abstract | 11/03/2008 13:48 Sample Payment Schedule with Semi-Monthly Invoicing pdf 51K | Abstract | 11/03/2008 10:05

Stakeholder Comments from Stakeholder Meeting 16-Oct-2008 Payment Acceleration Stakeholder Comments Template doc 57K | Abstract | 10/17/2008 15:37 Anaheim Comments on Payment Acceleration 24-Oct.2008 pdf 106K | Abstract | 10/24/2008 16:00 APM Comments on Payment Acceleration 24-Oct-2008 pdf 94K | Abstract | 10/24/2008 16:03 APX Comments on Payment Acceleration 24-Oct-2008 pdf 109K | Abstract | 10/24/2008 16:05 Calpine Comments on Payment Acceleration 24-Oct-2008 pdf 115K | Abstract | 10/24/2008 16:06 CDWR Comments on Payment Acceleration 22-Oct-2008 pdf 110K | Abstract | 10/23/2008 11:47 JP Morgan Comments on Payment Acceleration 24-Oct-2008 pdf 18K | Abstract | 10/27/2008 09:57 NCPA Comments on Payment Acceleration 24-Oct-2008 pdf 109K | Abstract | 10/27/2008 09:59 PG&E Comments on Payment Acceleration 24-Oct-2008 pdf 118K | Abstract | 10/27/2008 10:00 SCE Comments on Payment Acceleration 24-OCt-08 pdf 143K | Abstract | 10/27/2008 16:40 SDG&E Comments on Payment Acceleration 24-Oct-2008 pdf 107K | Abstract | 10/24/2008 16:07 WAPA Comments on Payment Acceleration 24-Oct-2008 pdf 122K | Abstract | 10/27/2008 10:02 WPTF Comments on Payment Acceleration 24-Oct-2008 pdf 133K | Abstract | 10/27/2008 10:03

Stakeholder Meeting 16-Oct-2008 Agenda - Stakeholder Meeting 16-Oct-2008 pdf 63K | Abstract | 10/08/2008 13:11 Presentation - Payment Acceleration 16-Oct-2008 pdf 360K | Abstract | 10/16/2008 08:30 Payment Acceleration Feasibility Analysis pdf 180K | Abstract | 10/09/2008 15:03

Stakeholder Conference Call 18-Sep-2008 Minutes - Meter Data Estimation Stakeholder Conference Call 18-Sep-2008 pdf 77K | Abstract | 09/22/2008 11:25 Agenda - Stakeholder Conference Call 18-Sep-2008 pdf 98K | Abstract | 09/09/2008 14:21 Presentation - Meter Data Estimation 18-Sep-2008 pdf 402K | Abstract | 09/18/2008 08:07

Stakeholder Comments on Payment Acceleration Combined Stakeholder Comments on Payment Acceleration 16-Oct-2008 pdf 21K | Abstract | 10/17/2008 13:12 September 2008 Payment Acceleration Comments Template doc 51K | Abstract | 09/19/2008 10:22 APM Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 95K | Abstract | 10/15/2008 15:47 APX Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 113K | Abstract | 10/15/2008 16:02 Calpine Comments on Payment Acceleration Proposal 02-Oct-2008 pdf 112K | Abstract | 10/08/2008 15:47 Calpine Comments on Payment Acceleration 30-May-2008 pdf 73K | Abstract | 08/20/2008 15:59 CDWR Comments on Payment Acceleration Proposal 30-Sep-2008 pdf 126K | Abstract | 10/08/2008 13:46 Client Outreach Results Matrix on Payment Acceleration pdf 20K | Abstract | 09/03/2008 11:07 Combined Stakeholder Comments on Payment Acceleration pdf 75K | Abstract | 09/16/2008 10:31 Dynegy Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 13K | Abstract | 10/15/2008 15:29 JP Morgan Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 37K | Abstract | 10/15/2008 15:40 MID Comments on Payment Acceleration Proposal 02-Oct-2008 pdf 101K | Abstract | 10/08/2008 13:49 Mirant Comments on Payment Acceleration Proposal 13-Oct-2008 pdf 105K | Abstract | 10/14/2008 12:25 NCPA Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 112K | Abstract | 10/15/2008 15:54 P&GE Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 119K | Abstract | 10/15/2008 15:56 Powerex Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 36K | Abstract | 10/14/2008 14:14 SCE Comments on Payment Acceleration Proposal 07-Oct-2008 pdf 149K | Abstract | 10/08/2008 13:58 SCE Comments on Payment Acceleration Proposal 16-Sep-2008 pdf 89K | Abstract | 09/17/2008 09:28 SDGE Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 105K | Abstract | 10/15/2008 15:58 Six Cities Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 110K | Abstract | 10/15/2008 15:50 WPTF Comments on Payment Acceleration Proposal 14-Oct-2008 pdf 155K | Abstract | 10/17/2008 09:50

Stakeholder Meeting 19-Aug-2008 Payment Acceleration Stakeholder Meeting Summary 19-Aug-2008 pdf 43K | Abstract | 08/26/2008 16:47 Agenda - Stakeholder Meeting 19-Aug-2008 pdf 111K | Abstract | 07/29/2008 12:58 Presentation - Payment Acceleration 19-Aug-2008 pdf 262K | Abstract | 08/18/2008 16:35 Archived Payment Acceleration Whitepaper May 04, 2004 pdf 139K | Abstract | 09/12/2008 08:35 Payment Acceleration Whitepaper pdf 66K | Abstract | 06/04/2008 07:57 Payment Acceleration Timeline Example xls 75K | Abstract | 06/02/2008 12:33