B210 Detailed Market Participant Impacts

Transcription

1 B210 Detailed Market Participant Impacts Reference BAWG Presentation: Consolidated Invoice Redesign Market Participant Impacts Dated March 21, 2011 Deleted: December 13, 2010 FINANCE MP USER INTERFACE (UI) 1. New Finance MP UI will include all Invoice, Daily Reconciliation, Metering Reconciliation, Global Rates and TSC/NTAC Rates previously accessed via Marketplace 2. New Finance MP UI will provide a clear distinction between Bidding and Scheduling and Finance applications 3. Removes dependencies between Finance and non Finance code deployments and outages 4. Provides MPs with a new look and feel 5. Marketplace login and Finance MP UI login use same login and password; however each must be logged on separately 6. The following applications/links that currently exist in Marketplace will be moved to the Finance MP UI: a. Consolidated Invoice i. Invoice Summary ii. Invoice Detail iii. Working Capital b. Daily Reconciliation c. Metering Reconciliation* i. Calculated Subzone Load ii. Subzone Load Detail iii. Gen/Tie Detail iv. Wholesale Load Bus Detail d. Global Rates* e. TSC/NTAC Rates* *Applications listed above will not change, unless otherwise noted Draft For Discussion Purposes only Page 1

2 INVOICE SUMMARY QUERY SCREEN 1. Updated query screen will request user input of calendar month 2. Updated query response will include a listing of Invoices (including their associated Billing Periods) within the defined calendar month 3. User may request Invoice Summary Report format of PDF or XLS INVOICE SUMMARY REPORT 1. Each Monthly Invoice may include the following monthly billing period(s) and versions: a. Initial Month Settlement Version 1 i. Includes all days in a billing month regardless of whether all the days had been previously included on a FIP Weekly invoice ii. Version 1 data locked and not overwritten b. Four Month True Up Version 2 i. Version 2 data locked and not overwritten c. Final Bill Close Out (FBC) Version 3 i. Version 3 data locked and not overwritten d. FERC Ordered Version 4(Note: version number may be higher depending on Billing Month and Year) i. Version 4 data locked and not overwritten Note: Non Invoiced Billing Days are Version 0; Version 0 data overwritten each time the billing day is spun 2. Each Weekly Invoice will include one Flexible Invoice Period (FIP) billing period and its version a. FIP Version 0.5 (NEW) i. Includes a billing period of 7 days or less within the same calendar month ii. Version 0.5 data locked and not overwritten Note: Non Invoiced Billing Days are Version 0; Version 0 data overwritten each time the billing day is spun 3. DRAFT and FINAL Invoices will be clearly annotated 4. Current sign convention maintained for invoice dollar amounts ($ or ($)) 5. Invoice Banking Date (Requital Date or Disbursement Date) populated based upon invoice total a. MP Total Charge or MP Total Payment will be shown on header and footer sections of the Invoice b. Invoice with Requital Date populated for MPs which owe NYISO Deleted: date range Deleted: and Deleted: date Range Formatted: Underline Formatted: Font: Not Bold Formatted: Font: Not Bold Formatted: Underline Formatted: Indent: Left: 36 pt Formatted: Font: Not Bold, Underline Deleted: a Deleted: Formatted: Indent: Left: 36 pt Draft For Discussion Purposes only Page 2

3 c. Invoice with Disbursement Date populated for MPs which are owed from NYISO day Posting Date (FBC Posting Date) added to Invoice header for invoices including a FBC or FERC Ordered 7. Separate invoice line items: a. Settlement Subtotal sum of the 6 Settlement Categories i. Each settlement line item will show the full amount charged/credited for each billing period (changed from the net difference charged/credited on the previous invoiced version) b. Previous Version Settlement Subtotal c. Total Current Settlement Subtotal difference between the Settlement Subtotal and the Previous Version Settlement Subtotal d. Adjustments will continue to be applied to the monthly billing periods e. Prepayments f. Working Capital: i. Working Capital Cash Transactions (moved on invoice summary) ii. Removed Monthly Working Capital section (from bottom of invoice to working capital report) g. ICAP Transactions to Market Participant (moved on invoice layout) i. Weekly invoices will reflect the appropriate share of the ICAP strip, monthly and spot awards for that month ii. Monthly invoices will reflect ICAP awards which were not invoiced weekly as well as the ICAP load shift and ICAP true ups h. Overpayment (changed from Balance Due on Prior Invoice(s)) i. Past Due Balance (changed from Balance Due on Prior Invoice(s)) 8. Banking Instructions included on the Invoice Summary 9. Line items will be blank when there is no associated activity, and $0.00 when the activity resulted in no charge/credit INVOICE DETAIL REPORTS All Invoice Detail Reports 1. Updated query screens will request user input of calendar month 2. Updated query response will include a listing of Invoices (including their associated Billing Periods) within the defined calendar month 3. Output format is XLS 4. Report pages will include the appropriate text when there is no activity in that category for that invoice date instead of being left blank Invoice Detail Report Deleted: <#>Each Monthly Invoice may include the following billing period(s): <#>FIP <#>Initial Month Settlement <#>Includes all days in a billing month regardless of whether it had been previously included on a FIP Weekly invoice <#>Four Month True Up <#>Final Bill Close Out (FBC) <#>FERC Ordered <#>Billing Period Version Numbering will be as follows: <#>Non Invoiced Billing Day Version 0 <#>FIP Invoiced Billing Period <#>Version 0.5 FIP period consisting of 7 days or less <#>Monthly Invoiced Billing Period <#>Version 1 Initial Month of all days in month <#>Version 2 4 Month True Up of all days in month <#>Version 3 Final Billing Month of all days in month <#>Version 4 FERC Ordered <#>Adjustments will continue to be applied to the monthly billing periods <#>DRAFT and FINAL Invoices will be clearly annotated <#>Same sign convention maintained for invoice dollar amounts ($ or ($)) <#>Dynamically determined payment:... [1] Deleted: Balance Settled on Prior Invoice Deleted: <#>Working Capital Transactions (moved on invoice layout)... [2] Deleted: <#>Invoice Summary output will be available in PDF or XLS Deleted: date range Formatted... [3] Deleted: <#>Updated query response will include a listing of Invoices and... [4] Deleted: <#>date Range Deleted: <#>calendar month Draft For Discussion Purposes only Page 3

4 1. No change to existing data 2. The output of the report will include columns for FIP billing periods Adjustment Detail Report 1. No change to existing data 2. Provides the existing Adjustments data with comments report 3. Adjustment comments will be included in single XLS cell Prepayment Report (NEW) 1. Provides data on report for prepayments that were applied to the current invoice 2. Only those prepayments applied to invoices after October 1, 2011 will be available on this report. WORKING CAPITAL QUERY AND REPORT 1. Updated query screen will request user input of date range 2. Updated output will include a listing of all transactions within that date range 3. Data output will include Type ID, Transaction Date, Type Description, Amount, Opening Balance (new) and Closing Balance (new) 4. Output format is XLS DAILY RECONCILIATION QUERY AND RESULTS REPORT 1. Updated query screen will request user input of date range 2. Updated query screen will support 0.5 version 3. No change to existing data output 4. Output format is XLS SETTLEMENT DATA EXCHANGE (SDX) 1. No changes to the SDX URL 2. All download templates updated to support 0.5 version 3. Invoice Download template is being retired a. Template has never been used by an MP DECISION SUPPORT SYSTEM (DSS): CUSTOMER SETTLEMENTS DATAMART 1. Existing settlement report prompts and output within the DSS CS datamart will be updated as appropriate to account for Weekly Invoicing and FIP versioning 2. Automated Data Delivery (ADD) will be updated i. Daily Customer Statements; include query/request for Version 0.5 data ii. Hourly Customer Statements; include query/request for Version 0.5 data iii. Invoice Version Manager; include Version 0.5 data iv. users may schedule Weekly and/or Monthly Invoices Formatted: Numbered + Level: 1 + Numbering Style: 1, 2, 3, + Start at: 1 + Alignment: Left + Aligned at: -18 pt + Tab after: 0 pt + Indent at: 0 pt, Tabs: 54 pt, List tab + Not at 72 pt Deleted: or output Deleted: s Formatted: Indent: Left: 36 pt, Numbered + Level: 1 + Numbering Style: 1, 2, 3, + Start at: 1 + Alignment: Left + Aligned at: 18 pt + Tab after: 36 pt + Indent at: 36 pt, Tabs: 54 pt, List tab + Not at 36 Deleted: a Formatted: Font: Not Bold Deleted: <#>Bad Debt Loss <#>Provide data on report that is currently included in bad debt loss adjustments <#>Billing month where bad debt loss adjustment is being applied <#>MP name of Bad Debt Loss <#>Total Bad Debt Loss amount <#>Bad Debt Loss type of allocated share or refund Formatted: Indent: Left: 36 pt, Numbered + Level: 1 + Numbering Style: 1, 2, 3, + Start at: 1 + Alignment: Left + Aligned at: 18 pt + Tab after: 36 pt + Indent at: 36 pt, Tabs: 54 pt, List tab + Not at 36 Formatted: Indent: Left: 36 pt, Numbered + Level: 2 + Numbering Style: a, b, c, + Start at: 1 + Alignment: Left + Aligned at: 54 pt + Tab after: 72 pt + Indent at: 72 pt, Tabs: 54 pt, List tab + Not at 72 pt Deleted: <#>DSS requirements are ongoing Deleted: s and functionality Deleted: processes Draft For Discussion Purposes only Page 4

5 3. All Universes/Objects updated to include query by start and end dates of billing period 4. New objects created for Prepayment data: Prepayment Total, Virtual Margin Payment, Prepayment 5. Invoice Version History Report renamed to Monthly Invoice Version History Report ; continues to show differences between monthly invoiced versions 6. FIP to Initial Month Invoice Report NEW shows the settlement totals for each FIP in a month, the total of the FIPs and the amount invoiced on the Initial (Version 1) 7. Invoice summary level data will continue to be available in DSS 8. Monthly Invoice Support Report updated in conjunction with the changes on the Invoice Summary; including a. FIP Invoice Interest tab NEW b. Prepayments tab NEW c. Monthly Working Capital tab (no changes) CREDIT MANAGEMENT SYSTEM (CMS) AND CREDIT POLICY 1. MP UI reports and screens will be updated to reflect credit requirements for weekly invoicing a. Virtual Transaction Report b. Virtual Bid Settlement Detail Report c. Energy Prepay Report d. ICAP Report 2. CMS will be updated with a credit factor reflecting weekly invoicing 3. In accordance with FERC ruling, CMS will be updated to: a. Account for a maximum level of $50M in unsecured credit for all entities within a corporate family b. Reduce the extension of unsecured credit to no more than $50M per MP 4. NYISO Paydown program will no longer be supported after October 1, NYISO Prepayment program will be aligned with the billing week Deleted: reflect Deleted: the appropriate invoice date, the associated billing period (e.g. Previous Month Settlement changed to Previous Payment Period Settlement) and the respective billing data Deleted: 100M Draft For Discussion Purposes only Page 5

6 Market Participant Name: 6. APPENDIX A: Screen Shots Invoice Summary Monthly Payments/(Charges) Power Supplier Transmission Customer Transmission Congestion Contract Holder Transmission Owner Demand Response Customer Virtual Bidding Customer Sub Total Payment to (Charge to) Market Parti Adjustments Interest Payment to (Charge to) Market Particip Current Invoice Payment to (Charge to) Market Balance Settled on Prior Invoice Prepayments Net Charges /Payments Instructions for making elect Key Bank, N.A. 66 South Pearl Street ABA# Account# Deleted: FIGURE 1 SAMPLE INVOICE LAYOUT Draft For Discussion Purposes only Page 6

7 Page 3: [1] Deleted P Coy 3/9/2011 2:36:00 PM Each Monthly Invoice may include the following billing period(s): FIP Initial Month Settlement Includes all days in a billing month regardless of whether it had been previously included on a FIP Weekly invoice Four Month True Up Final Bill Close Out (FBC) FERC Ordered Billing Period Version Numbering will be as follows: Non Invoiced Billing Day Version 0 FIP Invoiced Billing Period Version 0.5 FIP period consisting of 7 days or less Monthly Invoiced Billing Period Version 1 Initial Month of all days in month Version 2 4 Month True Up of all days in month Version 3 Final Billing Month of all days in month Version 4 FERC Ordered Adjustments will continue to be applied to the monthly billing periods DRAFT and FINAL Invoices will be clearly annotated Same sign convention maintained for invoice dollar amounts ($ or ($)) Dynamically determined payment: MP Total Charge or MP Total Payment will be dynamically determined; and shown on header section of Invoice Invoice Requital Date and Disbursement Date populated based upon invoice total Invoice with Requital Date populated for MPs which owe NYISO Invoice with Disbursement Date populated for MPs which are owed from NYISO Page 3: [2] Deleted P Coy 3/11/ :44:00 AM Working Capital Transactions (moved on invoice layout) Removed Monthly Working Capital section (on bottom of invoice) ICAP Payment to (Charge to) Market Participant (moved on invoice layout) Bad Debt Loss Overpayments (changed from Balance Due on Prior Invoice(s)) Past Due Balance (changed from Balance Due on Prior Invoice(s))

8 Each settlement line item will show the full amount charged/credited for each billing period (changed from the net difference charged/credited on the previous invoiced version) New line item Balance Settled on Prior Invoice, will reflect the amount charged/credited on the previous invoiced version of that billing period Page 3: [3] Formatted P Coy 3/11/ :42:00 AM Indent: Left: 36 pt, Numbered + Level: 1 + Numbering Style: 1, 2, 3, + Start at: 1 + Alignment: Left + Aligned at: 18 pt + Tab after: 36 pt + Indent at: 36 pt, Tabs: 54 pt, List tab + Not at 36 pt + 72 pt Page 3: [4] Deleted P Coy 3/10/2011 2:16:00 PM Updated query response will include a listing of Invoices and associated Billing Periods within the defined