Transmission Settlements Notices

Stay informed of changes to transmission rates and review billing cycle communications. Rate updates are posted monthly, reflecting any changes from the prior month. Billing cycle notices will be posted when statements are available for download on the portal. Learn which months are being resettled and know what to expect in the current and upcoming billing cycles.  

December 2025 Rate Changes

Rate changes were processed for the following item:

 Schedule 1: 

Manitoba Hydro’s (MHEB) transmission rates were updated with a December 1, 2025, effective date.  

The MHEB annual rate increased by 17.56% 

Schedule 7: 

Manitoba Hydro’s (MHEB) transmission rates were updated with a December 1, 2025, effective date.  

The MHEB annual rate increased by 1.744%. 

Schedule 8: 

Manitoba Hydro’s (MHEB) transmission rates were updated with a December 1, 2025, effective date. 

The MHEB monthly rate (Schedule 8 does not have an annual product) decreased by .298%. 

Effective December 1, 2025

    December 2025 Billing Cycle

    Preliminary transmission (Day 1) monthly settlement files for December 2025 will be posted to the market portal by 8am January 5, 2026. The files end with _D2.txt or _D2.xlsx

    Final transmission (Day 1) monthly settlement files for December 2025 will be posted to the market portal by 8am January 8, 2026. The files end with _TS0.txt or _TS0.xlsx

     

    The full schedule of 2025 billing cycle key dates is posted here.

    https://cdn.misoenergy.org/2025%20Transmission%20Settlements%20Billing%20Cycle%20Key%20Dates666671.pdf?v=20241212093257

     

     

    YEAR

    TS0

    TS1

    TS4

    TS8

    TS12

    2025

    Dec-25

    Nov-25

    Aug-25

    Apr-25

    Dec-24

     

     

    December 2025 Prior Period Adjustments

    ·         No adjustments.

     

     

    Updated 12/31/2025

    January 2026 Prior Period Adjustments

    ROE Resettlement for Rate Year 2022 – EL14-12

    ·         January 1, 2022 - December 31, 2022

    ·         Affects Schedules 7, 8, 9, 26, 26A, 26C, 26E, 37, 38, 42B and 45

    ·         Interest will be applied

    ·         Adjustments will be found on each settlement instance tab

     

    February 2026 Prior Period Adjustments

    ROE Resettlement for Rate Year 2023 – EL14-12

    ·         January 1, 2023 - December 31, 2023

    ·         Affects Schedules 7, 8, 9, 26, 26A, 26C, 26E, 37, 38, 42B and 45

    ·         Interest will be applied

    ·         Adjustments will be found on each settlement instance tab

     

    Disclaimer: Adjustments and timing are subject to change.

     

    Updated 12/31/2025