SETTLEMENTS
Analyzing and Verifying Transactions
After energy market transactions have taken place (power purchases and sales, natural gas purchases and sales, purchases of transmission and transportation services, etc.) the details of these transactions need to be analyzed and verified - and sometimes disputed and corrected - before money actually changes hand. compressed.jpg)
When the volume of transactions is high and the markets are complex, this becomes a challenging task.
APM Settlements Group
Through an extensive and detailed process, APM Settlements Group ensures that Owners and Clients are paying the correct amount for energy and related services purchased, and are invoicing their customers correctly for energy and related services sold.
Also, this verified settlement transaction data is forwarded for use by other departments within APM (for example, the Credit Department uses this information in analyzing owner and customer credit exposure).
Settlement Services
Specific services offered by the APM Settlement Services Group include:
Settlement Services for Bilateral, Transmission and Broker Transactions
- Verification of units and dollars of energy transactions for power, natural gas, etc.
- Invoice preparation
- Detailed reporting
Settlement Services for ISO/RTO Transactions
- Extensive validation of the numerous charge types which are billed on ISO/RTO settlement statements/invoices
- Handling/coordination of the ISO/RTO dispute resolution process
- Detailed reporting
Benefits of Relying on APM
The benefit of having APM perform settlement services is that APM’s staff is highly experienced and well-respected within the energy industry, as well as being knowledgeable about all types of markets (ISO/RTO and non-ISO/RTO) and all geographic regions. Also, the ISO/RTO settlement software that APM uses for its many Owners and Clients would be quite expensive to purchase for a single load-serving entity.
Contact a Business Development Representative.