Enron Mail

From:eke@aelaw.com
To:jeff.dasovich@enron.com
Subject:Re: thanks
Cc:
Bcc:
Date:Thu, 14 Dec 2000 02:40:00 -0800 (PST)

Agree with most of what you've said. I also would like a good handle on TRA
undercollection ##s. We've had great difficulty getting agreement on ##s.
I'll give it a try before tomorrow.

Jeff.Dasovich@enron.com wrote:

< Sorry. Been a bit crazy around here. Thanks for the note, and thank you
< for doing such a good job at driving this process. My thoughts on your
< proposal (and these are very preliminary): 1) politicians may not be
< willing to go as high as 25% for fear of being accused of a "utility
< bailout"--maybe 10-15%? though utility solvency may force their hands. 2)
< TURN will go ape-#%#$ if we make the "roll off" retroactive to October. 3)
< I'm willing to allow utilities to collect TRA undercollections, but feel
< that customers and utilities (not me) need to figure out precisely what
< that number is.
<
< Look forward to getting closure tomorrow, though I'm very concerned that
< we've lost Edison, given Bryson's public calls to return to 1950.
<
< Best,
< Jeff
<
<
< Evelyn Kahl
< Elsesser To: "Jeff Dasovich (E-mail)"
< <eke@aelaw.co <jdasovic@enron.com<
< m< cc:
< Subject: thanks
< 12/12/2000
< 06:57 PM
<
<
<
< I really appreciated your participation today...very substantive and
< constructive. I particularly liked the idea of a migration "trigger",
< which I included in the outline. I personally think that the big ticket
< items are rate level, rate freeze end and TRA allocation. I wish we
< could start facing that dance. I'd play with (a) 25% immediate increase
< in commodity price (explicit, rather than residual); (b) rate freeze end
< on October 2, 2000 &copy; pre EOF TRA undercollections to utilities,
< everything after is allocated forward to procurement customers.
< Thoughts?