End-of-month clearing (first clearing)
The first clearing is carried out monthly on the tenth working day of the month, for the preceding month. Clearing is performed electronically by means of direct debiting and crediting. Debits are collected directly from the market participant’s settlement account. Credits are electronically deposited to the settlement account after deduction of the clearing fees.
Supplementary clearing
Supplementary clearing, if any, is performed at a later time, if requested by a market participant or if data provided by AGCS was incorrect. The resulting calculated difference is directly credited or debited; a corresponding statement is sent to the market participants involved.
Supplementary clearing is performed between the first and final clearing and takes account of newly received data.
Final ("second") clearing
Final settlement is performed monthly for the month which ended 15 months earlier, based on actual measurement data from meters. Credits or invoices for energy, and fee invoices, are sent to the market participants. After the final clearing, no further clearing is possible for the period concerned.