PJM Settlement, Inc. is a subsidiary of PJM Interconnection LLC and is a Pennsylvania nonprofit corporation that will have a service agreement with PJM to provide and retain services, including PJM staff support.

PJM Settlement, Inc. was established in 2010 and became operational in 2011. The subsidiary was formed to provide counterparty rights to PJM on behalf of its members in pool transactions. All PJM member settlement activities are now being handled by the subsidiary.