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Enron Mail |
----- Forwarded by Jeff Dasovich/NA/Enron on 12/06/2000 03:40 PM -----
Alan Comnes@ECT 12/06/2000 03:44 PM To: jdasovich@enron.com cc: Subject: Follow Up on Payment for Power Delivered to Curtailed Load Jeff, Please pass this note onto whomever on the call asked the question "what would Enron be paid if there was an electricity curtailment?" I talked with staff on the West Desk and confirmed that if there is an unscheduled electricity curtailment (i.e., rolling or widespread blackout) power scheduled by EES to a retail customer would still flow, assuming it had been prescheduled. EPMI (acting as EES's scheduling coordinator, or SC) would be paid the ISO decremental (dec) price for that power. EPMI would pass that revenue (along with the cost of supplying that power) onto EES. If the blackout continued for some time (i.e., days), presumably EES would adjust its preschedule and there would be no net sales into the ISO. Whether the retail customer gets a payment for being curtailed depends completely on the contract between EES and the customer. Presumably the force majure provisions of the contract would protect EES from utility blackouts. Alan Comnes
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