The Markets:
Financial Settlements for Real-time Market Transactions (con't)

Invoices

Once a month, the IESO issues invoices to participants based on the daily statements. The monthly invoices are issued ten business days after the last billing day of the month.

These invoices must be paid within two business days, to allow the IESO to pay suppliers two business days later.

The settlement schedules for the Physical and Financial Markets are available on the IESO Web site.

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