Rates – ISO Tariff
The Alberta Electric System Operator (“AESO”) applied for approval of its 2024 Balancing Pool consumer allocation Rider F of $1.30 per megawatt hour (“MWh”).
The AUC approved the applied-for Rider F.
The Balancing Pool is a corporation established under the Electric Utilities Act (“EUA”) to carry out the powers and duties set out in the EUA. The Balancing Pool must prepare a budget for each fiscal year setting out its estimated revenues and expenses. Based on the forecast revenues and expenses in its budget, the Balancing Pool must determine an annualized amount that will be refunded to or collected from electricity market participants over the year. Following receipt of the Balancing Pool’s annualized amount, the AESO is required to include this amount in its tariff.
The AESO’s proposed Rider F of $1.30/MWh will be charged to all Rate Demand Transmission Service and Rate Demand Opportunity Service market participants, except for the City of Medicine Hat and BC Hydro at Fort Nelson, British Columbia, in the 2024 calendar year. The AUC approved the AESO’s proposed Rider F as filed.