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Enron Mail |
Kay:
Here is a proposed correction to the first sentence of section 14.3 of the agreement. We had offered a 15% reduction in efficiency in our warranty. When we changed efficiency to heat rate, we neglected to correct the percentage change because heat rate goes up as efficiency declines. Mathematically, there is an inverse relationship (see attached spreadsheet) which means that the equivalent of a 15% reduction in efficiency is an 18% increase in heat rate. Therefore we propose to change the Heat Rate reduction in the first sentence of Section 14.3 (also attached) from 15% to 18% and correspondingly revise the total change from 20% to 23%. <<14.3 revision.doc<< <<eff and heat rate.xls<< Ross M. Levine, Esq. Director of Contracts and Contracts Counsel FuelCell Energy, Inc. 3 Great Pasture Rd. Danbury, CT 06813 (203) 825-6057 (203) 798-2945 (fax) rlevine@fce.com (email) This transmittal and its attached files (if any) may contain proprietary or confidential information belonging to FuelCell Energy, Inc. If you are not the intended recipient, you are hereby notified that you have received this transmittal in error. Any review, disclosure, use, dissemination, distribution or copying of this information is strictly prohibited. If you suspect that you have received this communication in error, please notify us immediately by telephone at 1-(203) 825-6000, or e-mail at jryan@fce.com and immediately delete this message and all its attachments. - 14.3 revision.doc - eff and heat rate.xls
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