2003 Reconciliation Billing Determinants
Reconciliation billing determinants are used by PJM to reconcile past months' billings between EDCs and Retail Load Aggregators (a.k.a. Electric Generation Suppliers) for allocations based on real-time load ratio shares. The reconciliation kWh data supplied to PJM by the EDCs, which represents the difference between the scheduled Retail Load Responsibility eSchedules and the "actual" customer usage based on metered data, are multiplied by the applicable billing determinants to determine the reconciliation billing amounts for each of the following:
PJM Charges - January 2001 - present
Monthly $/MWh rate calculated as PJM's Control Area Administrative Service (Tariff Schedule 9-1) expense divided by total PJM transmission use, plus PJM's Market Support Service (Tariff Schedule 9-3) rate for transmission customers.
Transmission Owner Charges - July 1999 - present
Monthly $/MWh rate for each zone as filed in Schedule 1A of the PJM Open Access Transmission Tariff.
Regulation Charges - May 2004 - present
Hourly $/MWh rates calculated as total cost of Regulation in applicable PJM (East) Control Zone, Allegheny Power Control Zone or ComEd Control Zone regulation market divided by total real-time load in that market
Synchronized Reserve Charges - December 2002 - present
Daily $/MWh rates calculated as total cost of Synchronized Reserve in the applicable reserve zone divided by the total real-time load in that zone
Transmission Loss Credits
Hourly $/MWh rate calculated as total point-to-point transmission