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Enron Mail |
Can we discuss this on the MOnday call?
JMB <JBennett@GMSSR.com< on 01/05/2001 04:21:14 PM To: "'jdasovic@enron.com'" <jdasovic@enron.com<, "'ryang@enron.com'" <ryang@enron.com<, "'msmith1@enron.com'" <msmith1@enron.com<, "'vsharp@enron.com'" <vsharp@enron.com< cc: MBD <MDay@GMSSR.com< Subject: PG&E Advice Letter Implementing Surcharge Something I forgot to mention in the last e-mail regarding PG&E's Advice Letter implementing the surcharge is that they appear to have gone a step beyond what the Commission directed them to do. The Commission directed them to create a balancing account to track the revenues obtained from the surcharge (just in case, in the unlikely event, they have to refund them). PG&E created the balancing account for this purpose but also stated that they would transfer (on a monthly basis) any ongoing procurement costs which were not recovered through the TRA (i.e., from ongoing revenues) to this new balancing account as well. It is unclear what PG&E's purpose is for doing such except maybe to stop the undercollection in the TRA from getting any bigger and hope that they will have a better shot of recovering undercollections in the new balancing account. Again let us know if you want us to comment on the advice letter with respect to this issue and the direct access issue mentioned in the previous e-mail. Energy Division only has five business days to review the Advice Filing -- so any comments/protest of the filing must go in early next week. Jeanne Bennett
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