- Trading Screen Product Name
- Off-Peak Futures (1 MW)
- Trading Screen Hub Name
- ISO-NE RI DA Off-Peak
- Contract Symbol
RIZ
- Settlement Method
Cash settlement
- Contract Size
1 MW
- Currency
USD
- Minimum Price Fluctuation
The price quotation convention shall be one cent ($0.01) per MWh;
minimum price fluctuation may vary by trade type. Please see Table
in Resolution 1 to this Chapter 18.
- Listing Cycle
Up to 50 consecutive monthly contract periods, or as otherwise
determined by the Exchange
- Last Trading Day
The last Business Day of the Contract Period
- Final Settlement
Average of Reference Price A Prices
- REFERENCE PRICE A
ELECTRICITY-ISO NEW ENGLAND-RHODE ISLAND-DAY AHEAD
- a) Ref Price A - Description
“ELECTRICITY-ISO NEW ENGLAND-RHODE ISLAND-DAY AHEAD" means
that the price for a Pricing Date will be that day's Specified
Price per MWh of electricity for delivery on the Delivery Date,
stated in U.S. Dollars, published by ISO New England at
http://www.iso-ne.com/isoexpress/web/reports/pricing/-/tree/lmp-by-node,
under the headings "Selectable Day-Ahead and Preliminary Real-Time
Hourly LMPs; 4005 : Z.RHODEISLAND: Start Date/End Date" or any
successor headings, that reports prices effective on that Pricing
Date.
- b) Ref Price A - Pricing Date
Each day that prices are reported for the Delivery Date
- c) Ref Price A - Specified Price
For each Monday through Friday, excluding NERC holidays, the
average of LMPs for all hours ending 0100-0700, 2400 EPT; for each
Saturday, Sunday, and NERC holiday, the average of LMPs for all
hours ending 0100-2400 EPT
- d) Ref Price A - Pricing calendar
ISO New England
- e) Ref Price A - Delivery Date
Contract Period
- Final Payment Date
The second Clearing Organization business day following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU