Re: EES Changes for March

Dear Kate,

Thanks for your response. It appears that we sent EES the wrong prices in
the spreadsheet that we sent to them. Bill said he would make the changes,
so I won't bring this over to you (not yet anyway). I also told Mark in
Houston what is happening, so this will hopefully be done.

Thanks for your help.

Virginia

Kate Symes 03/13/2001 10:09 AM

To: Virginia Thompson/PDX/ECT@ECT
cc:

Subject: Re: EES Changes for March

Yes, that's fine if you bring the discrepancies by later. Or I can swing by
your desk to get them. I think I know why Mark is confused about the price.
At the beginning of this month we started running into situations where we
had to purchase from EES in addition to selling to them - which is all we had
been doing to cover their load before. We determined, however, that when EPMI
buys from EES, the price should be $5 less than our fixed price average for
the day. (When EPMI sells to EES, the price is $5 more than the fixed price
average.) In this way, we're still making our profit from the coverage of
their load. Either the correct price is not reflected in the spreadsheet we
sent them, or we purchased at the wrong price - we were working the kinks out
right at the beginning of March, so it makes sense that they'd have questions
regarding that time frame.

Also, I've already talked with Daniel Kang at EES to work out some
discrepancies with him. He asked about volumes at the beginning of March, but
didn't seem to have a question about price, so I'm wondering if everyone over
there is communicating with each other. Please let me know what I can do to
resolve this - and feel free to send Mark my way when he has questions.

Kate