Enron Mail

From:harry.kingerski@enron.com
To:james.steffes@enron.com, jeff.dasovich@enron.com
Subject:SCE PX discussion
Cc:
Bcc:
Date:Fri, 4 May 2001 00:26:00 -0700 (PDT)

Wanda Curry had call with SCE Thursday afternoon on PX credit calculations.
They will provide some more breakout of data to further explain things -
gross PX credits (calculated on interim basis, post 1/19 using embedded gen,
Qfs, ISO costs) before reduction to reflect new PE methodology. During the
call, Wanda became aware that SCE's proposed new method is a backdoor way to
limit the PX credit to embedded cost of generation. This is why we
protested the Advice Letter. It's just up to the PUC now to resolve the
issue.