The Finance Committee (FC) regularly reviews PJM’s consolidated financial statements, budgeted and actual capital costs as well as operating budgets and expenses. In an advisory capacity, it submits to the PJM Board of Managers its analysis of and recommendations about PJM’s annual budgets, amended budgets and other matters related to the appropriate level of PJM’s rates. A full description of the committee’s purpose is available in section 7.5 of the Operating Agreement WEB | PDF.
The Finance Committee is comprised of non-voting PJM employees as chair and secretary, two non-voting members from the PJM Board and two voting members from each of the five member sectors. The members of the Finance Committee are available in the roster PDF.
Chair: Lisa Drauschak
Secretary: Jim Snow
During the meeting, if you are experiencing issues with connectivity or teleconference, please contact Meeting Support. For registration issues, contact PJM.
In 2006, the Finance Committee and PJM adopted the Financial Reporting & Communications Protocol PDF to establish the minimum level and frequency of financial reporting to the Finance Committee. Based on this protocol, PJM posts the agendas and minutes for Finance Committee meetings on this page and emails meeting materials to all Finance Committee members and other PJM members registered to attend Finance Committee meetings.
The annual work plan outlines how PJM complies with this protocol as well as when Finance Committee topics are discussed.
Work Plan: 2023 PDF
Attendance both in-person and on the phone is limited to the PJM Members, Finance Committee Member Representatives, the FC secretary, FC chairperson, PJM Board of Managers, PJM staff, OPSI staff, CAPS staff and IMM staff. With the exception of those listed here, non-members may not attend.
If an individual will be attending the FC meetings regularly on behalf of a Member company, please request access to the secure meeting registration
. Access approval will be sought from existing Members Committee roster member. Once granted, the individual will be added to the FC membership roster and will be able to register for the meetings.
If an individual will be attending a specific FC meeting on behalf of a member company, please submit the FC meeting designation form
. Designation validation will be sought from an existing Members Committee roster member. Once validated, the individual will be provided information for the specific meeting designated.