Enron Mail |
Wade here are the wiring instructions for two payments, one to the CAISO and one to Calpine:
CAISO: $206,000 This amount represents two days' A/S and GMC charges, plus enough money to bring replenish the "3-day buffer." Calpine: $1,980,800 This represents two days' worth of energy to serve our California load. Our price was $40/MWh. By purchasing this energy from Calpine instead of the CAISO, we saved $120/MWh ($60/MWh + $100/MWh underscheduling penalty). This is a savings of approximately $6 million over the next two days.
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