Budget and grid management charge process - 2024

Started: May 03, 2023

April Gordon

This process results in the annual ISO revenue requirement – also known as a budget – and grid management charges. Each year, we kick off this process by scheduling a mid-year stakeholder meeting to review the ISO’s current financial condition and gather stakeholder input for the following year’s revenue requirement. A subsequent stakeholder meeting is conducted in the fourth quarter to review and discuss our draft revenue requirement and resulting charges. The drafts are then finalized and presented to the Board of Governors for approval in December of each year.


Development Decision Implementation Completed/Closed
Dec 20, 2023* Final 2024 budget and grid management charge rates book posting
Dec 2023* Board of Governors meeting
Sep 29, 2023 Tariff amendment (ER23-2974)