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Enron Mail |
----- Forwarded by Jeff Dasovich/NA/Enron on 07/23/2001 07:47 PM -----
Jeff Dasovich Sent by: Jeff Dasovich 07/23/2001 07:46 PM To: David W Delainey/HOU/EES@EES, Janet R Dietrich/HOU/EES@EES, Marty Sunde/HOU/EES@EES, Dan Leff/HOU/EES@EES, Vicki Sharp/HOU/EES@EES, Jeremy Blachman/HOU/EES@EES, Scott Gahn/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Tim Belden/ENRON@enronXgate, Jeff Richter/ENRON@enronXgate, Stephen Swain/ENRON@enronXgate, Jeff Dasovich/NA/Enron@Enron, skean@enron.com, Susan J Mara/NA/Enron@ENRON, Paul Kaufman/Enron@EnronXGate, Linda Robertson/NA/Enron@ENRON, Susan M Landwehr/Enron@EnronXGate, Harry Kingerski/Enron@EnronXGate, Michael Tribolet/ENRON@enronXgate, Kristin Walsh/Enron@EnronXGate cc: Subject: California Update - 7.23.01 Quick update to Jim's note: Still appears that the Assembly only has enough left in it tonite to deal with the budget and then recess; and it is still unclear if they'll get enough Republicans to go along tonite, or be forced to come back tomorrow to try again. If the Legislature does get the budget done and recesses without addressing the energy issues, then decision-making on some key issues---Direct Access in particular---will fall back in the PUC's lap. (The Legislature is scheduled to be out until August 20th.) The PUC has scheduled a vote on whether to suspend DA, the rate agreement with DWR, DWR's rev. req. and other issues on August 23rd. PUC President Loretta Lynch has said that she wants to issue a proposed decision on these issues sometime between now and the first week of August. As Jim points out, we continue to try to hammer out favorable outcomes for Direct Access and cost allocation in both forums----the Legislature and the PUC. Best, Jeff ----- Forwarded by Jeff Dasovich/NA/Enron on 07/23/2001 07:31 PM ----- James D Steffes/ENRON@enronXgate 07/23/2001 02:15 PM To: David W Delainey/HOU/EES@EES, Janet R Dietrich/HOU/EES@EES, Marty Sunde/HOU/EES@EES, Dan Leff/HOU/EES@EES, Vicki Sharp/HOU/EES@EES, Jeremy Blachman/HOU/EES@EES, Scott Gahn/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Tim Belden/ENRON@enronXgate, Jeff Richter/ENRON@enronXgate, Stephen Swain/ENRON@enronXgate, Jeff Dasovich/NA/Enron@Enron cc: Subject: California Update - 7.23.01 The attached note is from Enron's hired lobbyist in Sacramento. Looks like the only thing that is going to happen will be a Budget without anything on energy restructuring (could continue to change). There will be some additional negotiating on SBX2 78 over the recess. Enron is looking for a way into those discussions (Jeff Dasovich). We will try to push good language on DA dates and assignment of Utility and CDWR costs. On another note, CDWR has announced its revenue requirements going forward. The numbers are significantly less than had previously been expected (due to lower costs for spot market purchases). The end result, if their figures are correct, is that the March 27 3c/kwh increase would be sufficient going forward (we are trying to validate). The key is that now the Retained Generation proceedings will determine if any more $ is needed from retail customers. Thanks, Jim -----Original Message----- From: "Scott Govenar" <sgovenar@govadv.com<@ENRON [mailto:IMCEANOTES-+22Scott+20Govenar+22+20+3Csgovenar+40govadv+2Ecom+3E+40ENR ON@ENRON.com] Sent: Monday, July 23, 2001 1:55 PM To: Sharma, Ban; Leboe, David; Eric Letke; Thome, Jennifer; Ken Smith; Bev Hansen; Hedy Govenar; Buster, Miyung; Guerrero, Janel; Robert Frank; Mike Day; Lawner, Leslie; Kingerski, Harry; Karen Denne; Kean, Steven J.; Alan Comnes; Susan J Mara; Kaufman, Paul; Jeff Dasovich; Steffes, James D.; Rick Shapiro Subject: MOU UPDATE For those of you who don't already know, the Senate passed its version of the SCE MOU, SBX2 78 (Polanco/Sher) which requires users over 500 kw to foot the bill for SCE's entire undercollection and it eliminates DA completely. This largely represents TURN's proposal. The Senate also passed a budget and has since adjourned until August 20. The Assembly had been considering two MOUs, ABX 82 (Keeley) and ABX 50 (Wright). Both bills had difficulty attracting a majority of votes given their different approaches to dealing with SCE. ABX 82 for example, had large users picking up most of the tab for SCE's undercollection whereas ABX 50 split those charges among all users. Both bills provided for some type of direct access and ABX 82 also provided for a purchase of the transmission system. In light of the difficulty in passing either bill, it appears as if the Assembly will shelve both proposals today in order to amend SBX 78 over the summer break. An internal legislative working group may be formed to draft amendments but this has not been confirmed. Large users have begun drafting extensive amendments recognizing that in its current form SBX 78 has very little to offer. The Assembly will try to pass the final portion of the budget today and recess until August 20.
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