ICAP tag

In Con Edison territory, a customer's installed-capacity obligation, set by metered usage in the single highest New York system peak hour of the prior capability year, grossed up by loss and forecast factors. The raw value is the Zonal Coincident Demand.

In plain language: Your capacity charge for the year, set by one summer hour.

Jurisdiction: New York (NYISO), Con Edison territory. The New Jersey equivalent is the Peak Load Contribution, set by five hours.