How should a Participant budget for their RIG Replacement?
The answer to this question will vary widely between Participants and will be dependent upon many factors The answer to this question will vary widely between Participants and will be dependent upon many factors including those listed above. Some budget items to consider: • RTU Purchase. Most RTU’s purchased by ISO-NE for testing was about $8000. This does not include yearly maintenance, training or additional engineering needs associated with the initial setup. • RTU Redundancy. While ISO-NE does not require a redundant RTU, it is recommended that each Participant consult their Business Continuity Plan. With a 60-90 day delivery lead time for most RTU’s, a Participant needs to assess whether a spare RTU is warranted relative to the safe, reliable and economic operation of their dispatchable assets. • RTU Loading. While most existing RIG’s have five or fewer assets configured, several RIG’s are configured with a high number of assets beyond what is considered acceptable risk for ISO-NE
Related Questions
- In the midst of budget reductions, how can we buy laptops for every 7th grader and how can we afford to build a replacement for Panther Lake Elementary?
- Where should I budget capital expenditure expenses that will be requested for replacement reserve expenses?
- How should a Participant budget for their RIG Replacement?
