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Enron Mail |
Sign-ups are still going well. The following is the status as of Friday,
Feb.4 MEU's signed up to firm contracts: 34 # of customers: 730,000 Load: 2700 MW Gross Revenue: CAD$2.8 MM/yr = CAD$8.5 MM over 3 years. Revenues begin as of market opening. Also, 970 MW of load has nominated for our Power Pool concept. This represents CAD$1.7 MM/year = CAD$5.1 MM over 3 years in Power Pool administration fees. Any term power sales to this pool is incremental - we do not have an exclusive supply basis to this pool. This is not absolutely firm at this point as we need to develop how the Power Pool will work prior to committing from our end. As well, this is subject to the MEU's choosing to carry out their SSS obligations through a third party. (ENERconnect's lawyers view this nomination as allready firm - I would rather wait until we have spent some time with the MEU's who have signed up for this to ensure they know what they have done....) MEUs with string interest and paper in (either not signed right or with conditions, etc.): 23 # of customers: 245,000 Load: 600 Gross Revenue: CAD$1.5 MM/year = CAD$4.5 MM over 3 years. Cheers, Paul D
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