IESO Bill Presentment Review

The IESO was asked to review and report back to the Ministry of Energy, Northern Development and Mines, on ways to improve billing and settlement processes for market participants, with a particular focus on simplification. The IESO is consulting with and seeking feedback from stakeholders as we conduct this review.

Scope and Objective

The scope of this engagement is the final monthly invoices issued by the IESO pursuant to the market rules to settle the physical electricity markets. Electricity bills issued by local distribution companies, preliminary IESO settlement statements, and changes to settlements timelines, processes and billing accuracy controls are outside the scope of this engagement.

The objective of this engagement initiative is to ensure stakeholders:

  • Have a general understanding of the final monthly invoices issued pursuant to the market rules,
  • Have sufficient understanding that there are market rules and manuals, and legislative requirements for invoices, and
  • Understand the principles the IESO will apply when developing options to improve and simplify IESO invoices

The IESO will consider all input within scope from stakeholders. These recommendations will be part of the report back to the Ministry by February 28, 2020.

In parallel with this engagement, the IESO will conduct a scan of other electricity jurisdictions and markets in Canada and the U.S. to identify improvement opportunities that may apply in Ontario.

Approach

This is a public engagement process and all interested parties are encouraged to participate. The IESO anticipates that this initiative will be of particular interest to IESO market participants and industry associations.

This engagement will primarily be through public webinar with a formal written comment period and all materials will be posted on this webpage.

This engagement initiative will be conducted in accordance with the IESO’s engagement principles.


Proposed Engagement Schedule

Timing

Engagement Activity

January 20, 2020

Post stakeholder feedback and IESO summary responses

Post summary jurisdiction scan observations

January 13, 2020

Stakeholder feedback due

December 13, 2019

 

Public Webinar, 9:30 a.m. – 10:30 a.m.

Recorded Presentation

November 28, 2019

Launch engagement initiative (via IESO News and Weekly Bulletin)

All questions or comments on this initiative can be directed to engagement@ieso.ca.

Related Information

Letter, IESO Report on Billing Practices, Industrial Conservation Initiative (ICI) and other matters (November 6, 2019)

IESO Settlements Process

Guide to Wholesale Electricity Charges

IESO Charge Types and Equations (Issue 68.0)

Format Specifications for Settlement Statement Files and Data Files (Issue 51.0)