Power Settlements provides analytical support to other business units and members in the area of energy transaction settlements and accounting. They are responsible for:
Validation and reconciliation of all energy (electric and gas) transactions, including purchases and sales
Providing risk management tools and procedures to protect members from risks in the energy trading markets
Member billing for joint projects and power pool operations
Compliance with California Independent System Operator (CAISO) financial security rules
Validation and reconciliation of CAISO meter and billing data, including revenue allocations for various services provided to the CAISO
Work with Information Technology to develop software requirements for interface with the CAISO and members
