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Power Settlements is a software company that specializes in providing software solutions to energy companies that participate in the ISO and RTO physical power markets. Our SettleCore system is a leading bid-to-bill system for market participants in ISOs/RTOs, including extremely robust functionality for bidding, scheduling, ISO downloading, shadow settlements, reporting, and visual analytics. Our software solutions are in use at investor-owned utilities, municipalities, independent generators, and hedge funds.

We offer a highly unique customer support model that is second to none in the industry and includes: 100% managed solutions for either hosted or onsite deployed solutions, an included daily data loading verification service, and a Software Bug Fix Guarantee. All ISO/RTO market changes that affect existing functionality are always added to our software at no additional cost to our customers. Lastly, we encourage our customers to speak directly with our software developers.

Power Settlements was founded in 2007, and the SettleCore ISO/RTO solution was first deployed to customers beginning in 2009. Our company is staffed with business analysts and software developers that have experience in the deregulated power markets. The Power Settlements headquarters office is in Glendora, CA.

David Dan


David founded Power Settlements in 2007 and is responsible for setting Power Settlements’ strategic objectives and executing the expansion of the SettleCore™ system into all of the ISOs/RTOs. David is responsible for customer relationship management, sales, and overseeing all phases of software development. David is an expert in CAISO settlements and is responsible for designing the business functionality in all of the SettleCore™ modules for the CAISO market. Prior to starting Power Settlements, David worked at various consulting firms including Deloitte & Touché, where he consulted for many of the CAISO participants, including investor-owned utilities, independent generators, power marketers, and municipalities. David first started his career in the ISO/RTO space when he joined the California Power Exchange in 1998, where he was a senior settlement analyst, led the dispute group, and trained market participants on validating their CAISO settlement statement charges.

Michael Aparicio

VP of Software Development

Michael was the first employee hired by Power Settlements when he joined in 2007. Michael is the original software architect of the SettleCore™ system, and originally performed all software development of the SettleCore ISO/RTO modules for Power Settlements’ CAISO customers. Michael now leads our software development team and is directly responsible for architecting the SettleCore ISO/RTO in all markets, as well as the Etag and ETRM modules. Michael is known for his quick turnaround times for our customers and for providing overall superior customer service.

Million Abraham

Software Development Manager

Million joined Power settlements in 2010 and is a major contributor to both customer support and software development of the SettleCore system. Million joined Power Settlements as a junior level software developer and worked his way up to the Manager of Software Development. Million leads our Agile meetings and assists with the prioritization of our various software development projects. Million is also responsible for the support and development of the SettleCore Scheduling and ETRM modules. Million is known for providing exceptional customer support. Prior to joining Power settlements, Million worked for a major financial company in South Africa as a software developer.

Toni Girard

Manager Quality Assurance and Customer Support

Toni has over 15 years of experience delivering and supporting software solutions for deregulated energy markets. Prior to joining Power Settlements, Toni was employed at Brady Energy and worked on multiple large-scale settlement system delivery projects for ISO/Market Operators both domestically for the California Power Exchange and internationally for markets in Korea, Philippines, Western Australia and Ireland. She has a broad knowledge base of energy software delivery and support, having held positions of Settlement Business Analyst, Test Manager, Configuration Specialist, and Support Manager. Toni joined the Power Settlements team in 2014 and is responsible for all aspects of Quality Assurance for Power Settlements SettleCore ISO/RTO and SettleCore ETRM software as well as the management of Customer Support.

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