Cost of Local Transmission and Schedule 1 - Scheduling, System Control, and Dispatch Service

This page provides information on the cost of local transmission Schedule 1 service under Vermont Transco's Local Service Schedule (Schedule 21 - VTransco of the ISO-NE Open Access Transmission Tariff).

Effective January 1, 2022, VTransco’s Annual Transmission Revenue Requirement (“ATRR”) for Local Service is determined in accordance with the Settled Formula Rate (“SFR”) in Attachment F of the ISO-NE OATT subject to a two-year transition period.  The SFR is part of the Comprehensive Settlement Agreement resolving all issues in Docket No. ER16-19 and approved on December 28, 2020, in Docket No. ER20-2054.  Pursuant to Attachment II of the Settlement, VTransco’s Transition Forecast effective 1/1/22 is based on actual 2020 cost data using the Schedule 21-VTransco formula rate that was in effect for 2020, plus the forecasted ATRRs associated with VTransco’s projected capital additions for Local Service in 2021 and 2022.  VTransco’s 2023 Transition Forecast is based on actual 2021 cost data using the Sch21-VTransco formula rate that was in effect for 2021, plus the forecasted ATRRs associated with VTransco’s projected capital additions for Local Service in 2022 and 2023.  VTransco’s 2022 and 2023 Transition Forecasts are subject to annual true up under the SFR beginning on January 1, 2024.  Annually, in accordance with the Formula Rate Protocols in Attachment F to the ISO-NE OATT, the Participating Transmission Owners cause the updated rates and supporting materials to be posted on ISO-NE’s web site by June 15th and to be submitted to FERC for informational purposes by July 31^st in Docket Nos. RT04-2-000 and ER20-2054 et al.

Current and previous rates

Monthly charge for Local Service ($/kW-mo.)