Revision: El Paso Status

Counterparties who have agreed to our direct bill arrangement with El Paso - PNM, LADWP, TEP, AEP
Counterparties who have not yet decided - SRP
Counterparties who will not trade with us as El Paso - PAC

-----Original Message-----
From: Symes, Kate
Sent: Thursday, November 29, 2001 2:05 PM
To: DL-Portland Real Time Shift
Subject: El Paso Status - PLEASE READ

FYI -

All trades done on behalf of El Paso will now be directly billed by El Paso. This means three things for us:

1. Format of the model stays the same.
2. Deals do not go into Enpower.
3. "Counterparty" in the model must show the billing counterparty only (to simplify Kathy's settlement process).

*Per El Paso, please try to market their power through SRP, PNM, PAC, and LADWP only.* These are the counterparties El Paso has contacted regarding our new arrangement.

Please let me know if you have questions.

Thanks,
Kate