RE: VA gas licenses

I do not see any reason to pursue a license to do business anywhere at this time. I also do not think we need to suspend anything, we should withdraw, unless the suspension is free and carries no risks.

-----Original Message-----
From: Frank, Robert
Sent: Tuesday, December 11, 2001 1:23 PM
To: Vanderhorst, Barry; Wood, James; Gahn, Scott; Blachman, Jeremy;
Sharp, Greg; Sharp, Vicki; Darmitzel, Paul; Black, Don
Cc: Steffes, James D.; Dietrich, Janet
Subject: VA gas licenses

The Virginia Corp. Commission is about to reject EES's application for a retail gas license and revoke EEMC's license. My recommendation is that we should withdraw (without prejudice) EES's pending application and agree to suspend EEMC's license, which could be reinstated when/if we meet credit requirements. The filing will be made by Wed. COB unless anyone disagrees. Please call w/ questions.

Bob Frank
3-3180