IV. Supplier of Last Resort (SoLR)

d. SOLR Rate

The following shall make up the SOLR rate:

• Generation rate – competitive market-clearing WESM energy price during all hours of the period of SOLR service, as if the customer is buying energy directly from the WESM, or the bilateral contract price, whichever is higher;
• Premium to cover incremental administrative and overhead expenses, subject to ERC approval;
• Reasonable return for the SOLR, subject to ERC approval.
• All other applicable regulated charges (Transmission charge, Distribution Wheeling Service charges, etc.)