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Enron Mail |
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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Mara, Susan </O=ENRON/OU=NA/CN=RECIPIENTS/CN=SMARA< X-To: Comnes, Alan </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Acomnes<, Alvarez, Ray </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Ralvare2<, Steffes, James D. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jsteffe<, 'rcarroll@brcaepatt.com', Tribolet, Michael </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Mtribole<, Dasovich, Jeff </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jdasovic<, Shapiro, Richard </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rshapiro< X-cc: X-bcc: X-Folder: \Dasovich, Jeff (Non-Privileged)\Dasovich, Jeff\Deleted Items X-Origin: DASOVICH-J X-FileName: Dasovich, Jeff (Non-Privileged).pst I donlt thin the ISO has the right to do this unilaterally. They must have some cash flow problems. We could tell FERC -- but then FERC wouldn;t do anything anyway -----Original Message----- From: CRCommunications [mailto:CRCommunications@caiso.com] Sent: Thursday, August 30, 2001 3:19 PM To: ISO Market Participants; SC Settlements Contacts Subject: CAISO Notice - June Preliminary Market Invoice Cash Distribution Deferral ISO Market Participants SC Settlement Contacts As you know, the ISO Payments Calendar currently provides for cash distributions twice monthly, based on both the preliminary and final invoices. However, due to the ongoing market reruns and the recent large adjustments between preliminary and final invoices, the ISO will suspend until further notice making cash distributions based on preliminary invoices. This practice will be effective for the June, 2001 and subsequent preliminary invoices and will remain in effect until the ISO issues a further Market Notice addressing cash distributions based on preliminary invoices. The ISO will hold and invest the proceeds received from the preliminary invoices and will include those proceeds, including interest, with the cash distributions for the final monthly settlement. The ISO will distribute the funds within five business days from the final payment date. We expect to distribute the payment for June during the week of September 20th. The ISO will be filing Tariff revisions with FERC to reflect these changes. Client Relations Communications CRCommunications@caiso.com
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