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Enron Mail |
As a follow-up to our call. Here is some additional information regarding QF
pricing issues. QFs who voluntarily switched to PX pricing have been getting paid full PX prices (and there seem to be a couple of thousand MWs that have switched. The concern is that the Commission's ultimate decision on PX-based QF prices will force the QFs that have switched to "refund" some of the payments they've received (e.g., under a "PX minus" mechanism). The majority of QFs are happy with the judge's proposed decision pending before the PUC (except those remotely located QFs who will take a big GMM hit). As we discussed, the Commission strongly rejected Edison's emergency motion regarding the gas piece of the QF pricing formula. Recall also that a couple of months ago
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