Enron Mail

From:wanda.curry@enron.com
To:jeff.dasovich@enron.com
Subject:RE: trying to locate PX Credit information
Cc:tamara.johnson@enron.com, evan.hughes@enron.com, mary.ruffer@enron.com
Bcc:tamara.johnson@enron.com, evan.hughes@enron.com, mary.ruffer@enron.com
Date:Mon, 16 Jul 2001 10:27:00 -0700 (PDT)

Jeff,

Diann Huddleson has spoken with PG&E on numerous occasions, and they have
confirmed that effective as of January 19, 2001, they began using a Weighted
Average cost of Generation/Purchase for the calculation of the PX amount. I
will coordinate between Tamara and the Services group which has this
information and make sure everyone is on the same page. I also support
Tamara's desire to reconcile, at a tariff level, the curves to actual utility
bills.

Thanks,
Wanda

-----Original Message-----
From: Dasovich, Jeff
Sent: Monday, July 16, 2001 5:00 PM
To: Curry, Wanda; Tribolet, Michael
Cc: Kingerski, Harry; Lawner, Leslie; Steffes, James; Mara, Susan
Subject: trying to locate PX Credit information

Hi Wanda/Michael. You aware of this? I don't recall having received
anything from PG&E.

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 07/16/2001 04:57 PM -----


Tamara Johnson@EES 07/16/2001 04:19 PM To: JMB <JBennett@GMSSR.com<, Harry
Kingerski/Enron@EnronXGate, Jeff Dasovich/NA/Enron@Enron, Leslie
Lawner/Enron@EnronXGate, James D Steffes/NA/Enron@Enron, Diann
Huddleson/HOU/EES@EES, Mary Lynne Ruffer/HOU/EES@EES cc: Subject: trying
to locate PX Credit information


PG&E has changed the method of calculating the PX Credit recently. Prior to
June they appeared to be using a market based price for power, but in June
the credit dropped to about $40/MWh which looks like utility-owned gen.

We want to make sure we are not missing a utility-levied charge in our
forward curves ( e.g. CTC charge that will be applied to DA) so we're trying
to verify the utilities' method of calculating PX credits.

I talked to the PG&E accounting person who said that their Regulatory group
has sent Enron's regulatory group information on the way the PX Credit is
calculated. Can someone locate this information and forward it to me as soon
as possible? Given that our customers are all switching to DA we don't want
to discover there's a charge we don't know about.

Thanks,
Tamara.