Re: Draft California Rider

Is there anything we can do to address circumstances where we are required to
bid into the ISO pursuant to the DOE's Section 202© order - especially for
the fixed price customers?

Steve C Hall
12/18/2000 05:46 PM
To: Greg Wolfe/HOU/ECT@ECT, Chris H Foster/HOU/ECT@ECT, mwood@stoel.com,
Lester Rawson/PDX/ECT@ECT, gfergus@brobeck.com, Christian Yoder/HOU/ECT@ECT,
Mary Hain/HOU/ECT@ECT
cc:
Subject: Draft California Rider

For your review:

Under this rider, service customers selling energy to EPMI at an indexed
price would be required to reimburse EPMI for any FERC-ordered refunds or
short payments due to a credit default at the PX/ISO. Customers selling for
a fixed price would not be subject to these prior adjustments because the
customers have no expectation that EPMI will necessarily sell into
California.