Enron Mail

From:mary.hain@enron.com
To:mary.hain@enron.com
Subject:Losses using PacifiCorp Transmission
Cc:
Bcc:
Date:Mon, 8 Jan 2001 05:32:00 -0800 (PST)

---------------------- Forwarded by Mary Hain/HOU/ECT on 01/08/2001 01:39 PM
---------------------------


Lester Rawson
01/08/2001 10:47 AM
To: Greg Wolfe/HOU/ECT@ECT, Sean Crandall/PDX/ECT@ECT, Diana
Scholtes/HOU/ECT@ECT, Tom Alonso/PDX/ECT@ECT, Mark Fischer/PDX/ECT@ECT, Matt
Motley/PDX/ECT@ECT, Mike Swerzbin/HOU/ECT@ECT, Michael M
Driscoll/PDX/ECT@ECT, Bill Williams III/PDX/ECT@ECT
cc: Mary Hain/HOU/ECT@ECT
Subject: Losses using PacifiCorp Transmission

Brian McCellan from PacifiCorp Transmission called this morning to let me
know that as of 1/1/2001 that Pac has begun charging for losses for
transmission schedules using Non-Firm and Short Term transmission service.
The losses will be .045 percent of the schedule. Pac offers the option of
either settling losses financially or physically.

The consensus is that Enron will settle losses financially using a index
price, that Pac will supply, based on the Mid-Columbia, COB,4C and PV
indexes.

Currently Mary Hain has the official declaration form showing Enron is
selecting financial settlements vs. physical. Until Mary returns and has the
declaration executed I have notified Brain that Enron will settle losses
financially.

Regards,

Les Rawson