P350 FAQs

P350 introduced locational pricing for transmission losses. The greater the distance electricity needs to be transported, the higher the transmission losses. The cost of these losses varies by geographical location. P350 introduces a Transmission Loss Factor (TLF) for each TLF Zone (a Zone is the geographic area covered by a GSP Group with a 1:1 relationship) for each BSC Season in order to allocate transmission losses on a geographical basis.