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Enron Mail |
I found this table in one of the documents examined, that compares the ratings for different ISOs:
Company Minimum Long Term Rating Minimum Short-term rating CAISO A3/A- for Market Obligations A1/P1 for Grid Management Charge A2/P2 for Market Obligations A1/P1 for Grid Management Charge NEISO "INVESTMENT GRADE" (equivalent BBB-) "INVESTMENT GRADE" (equivalent A3) NYISO BBB/Baa2 or equivalent PJM Interconnection Based on PJM internal scoring system Based on PJM internal scoring system Ontario IMO BBB* or equivalent* * The financial support obligation of a market participant may be reduced by a monetary value associated with a particular credit rating. AAA = 50 MM CAN$; AA = 25MM CAN$; A = 12.5 MM CAN$;and BBB = 5 MM CAN$. Interesting! This table is current as of March 2000. Indeed, I think it might be a useful format to present the information found. Regards, ALF
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