Join Markets+

SPP stakeholder relations supports prospective and current members and coordinates the onboarding of market participants (MP), transmission customers (TC). It is important to note that each role offers specific rights and responsibilities, and some prospective stakeholders may find it valuable to register as multiple roles. SPP will always provide the best in industry service to all stakeholders. Please see the following information on each role and their prospective registrations process, below: 

Markets+ Stakeholder: 

Entitles your company to voting privileges and decision-making rights as a participant in select organizational groups. Membership may be stand-alone or in conjunction with other registration types. There are no specific registration deadlines or timelines for membership alone.

• Voting rights: Markets+ Participant Executive Committee
• Annual fee
• Withdrawal obligation (exit fee)

Market Participant - Asset Owner (see registration timeline below):

An asset owner with load and/or generation physically or pseudo-tied within a participating Balancing Authority Area.

• Direct ICCP connection required, either MP or through third party.
• Meter data required
• Virtual market participation
• Markets+ Internal Energy Schedule Settlement Adjustment

Market Participant - Financial Only (see registration timeline below):

A non-asset owner who wants to participate in our markets through virtual energy offers, virtual energy bids.

• Virtual market participation
• Markets+ Internal Energy Schedule Settlement Adjustment

Transmission Customer:

Transmission Customers participating in Congestion Rent and/or Interchange Transactions into, out of, or through a participating BAA must register as a Market Participant or associate a their Transmission Customer with a Market Participant to settle on their behalf.

• Tagging/scheduling capability
• Congestion Rent

Meter Agent (4 month process):

Entity providing meter for a registered asset.

• Submit meter data via XML file

Ready to Join Markets+?

Stakeholder Registration Process:

• Read and complete the stakeholder agreement and contact sheet.
• Enter an RMS ticket (RMS Account Set Up and Submit RMS Request are listed below). Use the following Request Template to submit your RMS request:
  • Request Template - Initiate a  Customer Registration Action
  • Subtype 1: Customer Relations
  • Subtype 2: Onboarding
  • Subtype 3: Member
• Upload the signed Stakeholder Agreement and contact sheet, SPP can provide an invoice via the RMS ticket for payment.
• Effective date of your stakeholder is the first of the month once SPP has and executed agreement and payment.

Please contact the following with any questions:

Karen Millie - Lead Onboarding Specialist, Stakeholder Relations
kmillie@spp.org | (501) 688-8316

Emily Freshour - Onboarding Specialist, Stakeholder Relations
efreshour@spp.org | (501) 688-8323

Alexa Bessette - Onboarding Specialist, Stakeholder Relations
abessette@spp.org | (501) 482-2086

Market Participant and Transmission Customer Registration Process:

SPP registers market participants two times a year for Asset Owning Market Participants and three times a year for Financial Only Market Participants per our protocols. Market Participant registers will need to join WRAP for Resource Adequacy; onboarding occurs once a year. An Onboarding RMS ticket will need to be submitted on or before September 15th of each year. Information regarding WRAP registration is outlined in the Western Resource Advisory Program 401, Section 2. To contact the WRAP team, please send questions to wrap@westernpowerpool.org.

See the registration timelines below:

Please note that SPP encourages all potential market participants to submit their documentation two weeks in advance of the registration deadline to allow enough time for credit review/approval and any necessary communication and/or additional documentation. Market participants must be credit APPROVED by the registration deadline to proceed.

• Complete required documentation. 
  
  • Credit Documents:
    • SPP Bank Information Request Form - Payments from SPP (required)
    • ACH Draft (Debit) Authorization Form - Authorize auto debit payment to SPP (optional)
    • Appendix A – Credit Application
    • Appendix B – Credit and Security Agreement
    • Appendix E of Attachment X - Officer Certification Compliance Letter
    • One of the following to meet minimum participation requirements, based on Section 3.1.1.8 of the credit policy:
      • Appendix C – Form of Irrevocable Standby Letter of Credit
      • Appendix D – Guaranty Forms
      • Appendix F - Surety Bonds
      • Cash and W9
  • Legal Documents:
    • Attachment E - Market Participant Agreement (ALL MPs will need to complete this form)
    • Attachment G – Meter Agent Agreement (Asset Owning MPs only)
  • LSA Form – Local Security Administrator (Corporate representative should be a member of the company who can determine a resource who will have the responsibility of granting access to the SPP Market Portals and approving RMS users to be added to their organization)
• RMS Account Set Up
  • Navigate to https://spprms.issuetrak.com/ and click "Register Now"
  • Complete the  information on the “Create my Account” Screen:
    • Login Name: Your email address is recommended
      
    • Be sure to include your phone number and email address
    • Click Create My Account
• Submit RMS Request
  • Click the Submit Request: (left hand corner in the gray column)
  • Under Request Template: use Initiate a Customer Registration Action
  • Under Subtypes: use Customer Registration, Onboarding and Markets+
  • Fill in the following then click Submit Request:
    
    • Full Description: Provide information about what roles your company would like
      
• Add required documentation to your ticket
  • At the top of the page you will see in GREEN writing that your ticket was successfully submitted. Click the request number to retrieve your request.
  • Next to the “View Request #xxxxx” at the top of the request, there will be a paperclip icon. Clicking on this icon will open a box that you may drag and drop as many files as you would like. You also have the option to download or delete attachments in this window. Click the red X in the corner to close when complete.
  • Alternatively, on the left side of the screen in the gray bar, click ATTACHMENTS.
  • Click the browse button and choose your first three documents. Click SAVE.
  • Repeat the previous steps until you have added all required documents.
  • Click the update button on the View Request screen once all attachments have been saved.