Enron Mail |
Gerald,
I have taken a stab at some hopefully minor changes to the initial Oct. 12th draft of a letter agreement from Gulf Power. I have taken the approach that we are signing up for the PX or PXT tariff with the defined requirements for availablilty. That leaves this agreement to focus on the facilities hence the "Facility Agreement". The PX tariff has minimum utilization (which stipulates a 12 month rolling minimum of 75%) but is not specific as to the penalty. I chose to take out the penalty language since but recognize that the penalty is unknown. We may want to define this but I expect that they will define it at the highest level if we push the issue. I want to forward this back to Gulf ASAP.
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