Re: trying to locate PX Credit information

PG&E submitted an advice letter a while ago that we (through ARM) protested.
I don't know of any other communication

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854

Jeff Dasovich
Sent by: Jeff Dasovich
07/16/2001 02:59 PM

To: Wanda Curry/Enron@EnronXGate, Michael Tribolet/ENRON@enronXgate
cc: Harry Kingerski/Enron@EnronXGate, Leslie Lawner/Enron@EnronXGate, James
D Steffes/NA/Enron@Enron, Susan J Mara/NA/Enron@ENRON
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.