End-of-month clearing (first clearing)
The first clearing is performed as of the end of each calendar month, and no earlier than twelve working days after the end of the month. Clearing is carried out electronically by means of direct debit and direct credit. Debits are thus 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 at the request of a market participant or if APCS has provided faulty data. The resulting calculated difference is directly credited or debited to the settlement accounts concerned and 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. The electricity invoices or credit notes and the fee invoices are sent to the market participants. After this final clearing no further clearing is possible for the period concerned.