MISO uses a multi-settlement process to determine financial charges and credits to market participants based on their participation in the Financial Transmission Rights, Day-Ahead Energy and Operating Reserves and Real Time Energy and Operating Reserves markets.
The Market Settlements team collects operational- and market participant-submitted data to produce daily settlement statements. MISO settles accounts seven calendar days after the operating day. Subsequent settlements of the operating day occur on the 14th, 55th and 105th calendar day after the operating day.
Learn more about Market Settlements by attending meetings of the Settlements User Group, and the Market Subcommittee. Understand Market Settlements through training modules on MISO’s Learning Management System.