----- Forwarded by Jeff Dasovich/NA/Enron on 05/11/2001 10:03 AM -----

Alan Comnes/ENRON@enronXgate
05/10/2001 06:49 PM

To: Jeff Dasovich/NA/Enron@Enron
cc:
Subject:

Jeff,

Please check with Belden or I if you are going to use these curves for
anything other than internal analysis or high-level negotiating.

If you need help converting into quarterly numbers, let me know.

Remember that the total cost of wholesale power includes ancillary services
which you can estimated to be 5% of these amounts. I.e., 105% of the curve
price is the average power cost including A/S

Alan