El Paso Electric Company Accrues Significant Benefits in the Western Energy Imbalance Market (WEIM) After Launching PowerCore™ from Power Settlements

mwcms on May 7, 2023

Glendora, California – El Paso Electric Company (EPE) has implemented the comprehensive, cloud-based PowerCore™ software platform from Power Settlements. EPE chose PowerCore after a competitive selection process involving multiple vendors and is currently utilizing several of the platform’s modules to automate, optimize, and manage its front-office analytics, reporting, and back-office settlements for both the PRSC (merchant) and EESC (transmission) scheduling coordinators.

The PowerCore modules that EPE implemented include:

  • ISO Downloader (to download 100% of ISO data and perform reporting)
  • Visual Analytics (front-office and back-office dashboards, as well as real-time P&L analysis)
  • E-Tag Reporting (NERC/NAESB e-Tag integration and feature-rich reporting)
  • Meter Submission (integration and validation of internal meter data and ISO submission)
  • Settlements Analyzer (to compare ISO vs. shadow and view billing determinants)
  • Shadow Settlements (pre-settlements and statement validations)
  • EIM Sub-Allocations (OATT ISO statement allocation to transmission customers)
  • Contract Billing (complex bilateral settlements and counterparty invoicing)

Ana Boisselier, EPE Energy Accounting & Credit Supervisor spoke about the PowerCore rollout.

With EPE joining the Energy Imbalance Market (EIM), the company needed a settlements application that could support the new EIM settlements functions. PowerCore from Power Settlements provided this support. The functionality from Power Settlements was not limited to the settlements processes, but also provided help with visual analytics and metering submission. The implementation process was seamless and efficient, thanks to the dedicated and responsive support from the Power Settlements team. From the initial onboarding to the final go-live, Power Settlements provided exceptional guidance and assistance at every step. The software was tailored to EPE’s specific needs, and the customization options were extensive, allowing EPE to streamline the settlements processing workflow to a whole new level.

One of the standout features of PowerCore is its user-friendly interface. The intuitive design and navigation made it easy for the EPE team to adapt to the new system, reducing the learning curve and ensuring smooth adoption across the organization. PowerCore’s robust functionality enabled EPE to automate various manual processes, resulting in increased efficiency and accuracy in settlements processing.
Moreover, the level of support EPE received from the Power Settlements team during the implementation has been exceptional. Their responsiveness and willingness to address any questions or concerns was exemplary. Power Settlements consistently went above and beyond to ensure EPE’s satisfaction with PowerCore.

In summary, the implementation of PowerCore has been a success for EPE. The software transformed EPE’s settlements processing operations, bringing increased efficiency, accuracy, and visibility. The seamless implementation process, user-friendly interface, robust functionality, and excellent support from the Power Settlements team made it a truly positive experience. EPE highly recommends PowerCore from Power Settlements to any financial institution seeking a reliable and effective solution for EIM settlements processing.”

Ana Boisselier,  EPE Supervisor of Energy Accounting & Credit

David Dan, Power Settlements CEO added, “We look forward to working with El Paso Electric over the long-term to help them achieve their enterprise goals and capture all the benefits of participating in the Western EIM. Power Settlements truly values this new partnership, which has helped us further cement our status as the dominant software provider to CAISO MRTU and WEIM participants.”

Nearly 85 percent of WEIM participants are now Power Settlements clients. They rely on the PowerCore platform’s broad array of mission-critical capabilities, and the deep subject matter expertise of PSCS’s staff to extract the maximum benefit possible from their market operations.

About El Paso Electric
El Paso Electric is a regional electric utility providing generation, transmission, and distribution service to approximately 450,000 retail and wholesale customers in a 10,000-square mile area of the Rio Grande Valley in west Texas and southern New Mexico. To learn more, visit https://www.epelectric.com.

Four New Western EIM Members Successfully Go Live on the Power Settlements SettleCore Platform

mwcms on April 1, 2021


The Western Energy Imbalance Market (EIM), which launched in 2014, is a real-time energy market in the western United States. The EIM increases grid reliability, allows for efficient dispatch, and reduces the cost of serving load. Currently, the EIM has 13 active members and 8 more pending.


Power Settlements (PSCS) is pleased to announce the following clients went live in the Western EIM market, thus far in 2021.


March 25, 2021 Go-Lives:


Balancing Authority of Northern California (BANC)


  • A single platform used by the BANC Entity Scheduling Coordinator (EESC) administrator and the Participating Resource Scheduling Coordinator (PRSC) BANC members including the Sacramento Municipal Utility District (SMUD), City of Redding, City of Roseville, Modesto Irrigation District, and the Western Area Power Administration – Sierra Nevada division.

  • The SettleCore system provides BANC’s members the ability to view their PRSC data and to view and download their EIM Sub-Allocation statements and invoices.

  • BANC’s administrator utilizes the SettleCore system to perform the EESC back-office functions including Shadow Settlements and ISO Settlement Statement Validations, EIM Sub-Allocations, Contract Billing, and Reporting.

  • BANC members are able to perform Real-time and Historical PNL Analytics for front-office operations via the Visual Analytics Module.


City of Redding (REU)


  • REU implemented the SettleCore system modules that perform their PRSC Merchant front-office and back-office operations including, Bidding, Scheduling (BSAP and SIBR), E-tagging, Trade Capture, Position Management, Meter Data submissions, Shadow Settlements and ISO Settlement Statement Validations, and Reporting.

  • REU users are able to perform Real-time and Historical PNL Analytics for front-office operations via the Visual Analytics Module.


Turlock Irrigation District (TID)


  • TID implemented the SettleCore system modules that include both EESC and PRSC back-office operations including, Meter Data Submissions, Shadow Settlements and ISO Settlement Statement Validations, and Reporting.

  • TID users are able to perform Real-time and Historical PNL Analytics for front-office operations via the Visual Analytics Module.


April 1, 2021 Go-Live:


Los Angeles Department of Water and Power (LADWP)


  • LADWP implemented the SettleCore system modules that perform both EESC and PRSC back-office operations including Shadow Settlements and ISO Settlement Statement Validations, EIM Sub-Allocations, Contract Billing, and Reporting.

  • LADWP users are able to perform Real-time and Historical PNL Analytics for front-office operations via the Visual Analytics Module.


Power Settlements is looking forward to serving our new EIM clients and helping each one to be successful within the Western EIM Market.