Business Streams

Nodal Exchange Clearing Fee Schedule (Per side per lot)1,2

Eastern RTOs and ERCOT Peak (Monthly)3

LCH.Clearnet registration / cash settlement fee:4

$0.85 per lot
(equivalent to $0.0025/MWh)


Eastern RTOs and ERCOT Off-Peak (Monthly)3

LCH.Clearnet registration / cash settlement fee:4


 

$0.93 per lot
(equivalent to $0.0024/MWh)

CAISO Peak (Monthly)5

LCH.Clearnet registration / cash settlement fee:4

$1.02 per lot
(equivalent to $0.0025/MWh)


CAISO Off-Peak (Monthly)5

LCH.Clearnet registration / cash settlement fee:4


 

$0.76 per lot
(equivalent to $0.0024/MWh)

Notes:
1 A Nodal Exchange lot is defined as 1 MW of a contract expiry (peak or off-peak) for one month.
2 All per MWh pricing is shown rounded to the nearest fourth decimal place. All per lot fees are based on the average hours in the lot. 
3 For Eastern RTOs (PJM, ISO-NE, MISO, and NYISO) and ERCOT, the average peak hours per month are 340 and the average off-peak hours per month are 390. 
4 LCH.Clearnet charges the registration fee for all trades and the cash settlement fee for positions held through expiration.
5 For CAISO, the average peak hours per month are 410 and the average off-peak hours are 320. 

Contacts

Isabella Kurek-Smith - Director, Head of Energy and Freight

Tel: + 44 (0)20 7426 7460
e-mail: isabella.kurek-smith@lchclearnet.com

Randi Rosenblatt - Senior Manager, Strategic Planning

Tel: + 44 (0)20 7426 7034
e-mail: randi.rosenblatt@lchclearnet.com