Business Settlement Statement

How to draft a Business Settlement Statement? An easy way to start completing your document is to download this Business Settlement Statement template now!

Every day brings new projects, emails, documents, and task lists, and often it is not that different from the work you have done before. Many of our day-to-day tasks are similar to something we have done before. Don't reinvent the wheel every time you start to work on something new!

Instead, we provide this standardized Business Settlement Statement template with text and formatting as a starting point to help professionalize the way you are working. Our private, business and legal document templates are regularly screened by professionals. If time or quality is of the essence, this ready-made template can help you to save time and to focus on the topics that really matter!

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Objectives After completing this section, you will be able to: • List the inputs we use for our settlement process • Identify charge type groups Settlement Process Inputs Include Market data inputs • Market schedules • Market prices • Dispatch instructions • Bids and offers • Ancillary services contract data • Transmission rights ownership data • Physical bilateral contract data Rates • Transmission tariff rates • Government mandated charges (e.g., the debt retirement charge) • Taxes • IESO administration fee • OPA administration fee Metered data • Allocated energy quantities • Peak demand data We use these inputs in our calculations to determine who owes what to the market and who, in turn, the market owes.. • Data files are formatted as pipe-delimited text files (the same format we use for the settlement statements) • Data files start out with a header record • Next, if applicable, we provide physical bilateral contract information, including: − − − − • The buyer’s and seller s market participant ID numbers The location ID for the settlement of the physical bilateral contract The trading dates and hours to which the contract applies Details on any reallocation of uplifts between the buyer and the seller The zonal price data section of the data file provides you with all of the prices in the market on the trade day in both the Ontario zone and all of the intertie zones If your facility is dispatchable, you receive two additional records: • Schedule data showing how we scheduled your facility • Bid and offer data showing all your submitted bids and offers If you request it, the data file can also include your revenue meter data.. Objectives After completing this section, you will be able to: • Explain the NOD process, including timelines • List reasons to file a NOD, as well as items you cannot disagree with by using a NOD When Would You Use a NOD You can use a notice of disagreement to disagree with your preliminary settlement statement if you believe that the sta

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