{"id":11564,"date":"2012-02-20T21:06:07","date_gmt":"2012-02-20T21:06:07","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=glossary&#038;p=11564"},"modified":"2012-02-20T21:06:07","modified_gmt":"2012-02-20T21:06:07","slug":"monthly-payment","status":"publish","type":"glossary","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/monthly-payment\/","title":{"rendered":"Monthly payment"},"content":{"rendered":"","protected":false},"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-11564","glossary","type-glossary","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":11564,"title":"Monthly payment","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/monthly-payment\/","categories":[],"tags":[],"content":"\n\t<div class=\"acronym\">\n\t\t<span><strong>Acronym:<\/strong> Ppm<\/span>\n\t<\/div>\n\n\n<div class=\"panel-content\">\n\t<p>the Monthly payment (Ppm) for each Trading Party p for month m is determined as follows: Ppm = &#x2211;m (TSCpm) +&#x2211;m (MNMCm) * &#x2211;m (FSMpm) \/ &#x2211;m (1) +&#x2211;m (MCNSCm) * &#x2211;m (FSCSpm) \/ &#x2211;m (1) +&#x2211;m (MPSCm) * &#x2211;m (FSPSpm) \/ &#x2211;m (1) +&#x2211;m (MDCm) * &#x2211;m (FSDpm) \/ &#x2211;m (1)&#x2019; &#x2211;m-1 (Ppm) where: TSCpm = the aggregate amount payable by a Trading Party by way of Specified BSC Charges in respect of month m; MNMCm = Monthly Net Main Costs relating to month m FSMpm = Main Funding Share for Trading Party p relating to month m MCNSCm = Monthly Consumption-Charging Net SVA Costs relating to month m FSCSpm = SVA (Consumption) Funding Share for Trading Party p relating to month m MPSCm = Monthly Production-Charging SVA Costs relating to month m FSPSpm = SVA (Production) Funding Share for Trading Party p relating to month m MDCm = Monthly Default Costs relating to month m FSDpm = Default Funding Share for Trading Party p relating to month m &#x2211;m = the sum over all of the months of the BSC Year up to and including month m; &#x2211;m-1 = the sum over all of the months of the BSC Year up to and including the month preceding month m; &#x2211;m(1) = the number of months of the BSC Year up to and including month m; Has the meaning given to that term in Annex D4 1.1.<\/p>\n\n\t<\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/11564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":0,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/11564\/revisions"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=11564"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=11564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}