The New York Independent System Operator (NYISO) has awarded a contract to build phase two of a billing simulator system to Gestalt, a business and IT firm providing services to the utilities industry, among others. The project expands upon the simulator Gestalt delivered in phase one.

The simulator provides a tool to analyse market rule changes and problems impacting a customer or segment of customers, and is designed to help expedite the billing settlement process. The new technology allows the NYISO to run a daily bill in seven minutes, as opposed to the previous 2.5 hours, which allows the organisation more time to analyse issues and respond to market participants.

www.nyiso.com / www.gestalt-llc.com