SBX 27 -- Direct Access Language Proposed by Bowen

This is an OK bill. Not well drafted. It's also overly complicated and
proscriptive.

Deletes the offensive part of ABX 1.
It allows anybody to do whatever they want until June 1 (section 2 d)
On June 1,
- res and small commercial customers can get in a cue and get DA up to the
# of MWs that are added through load growth. (Section 2 e)
-- Larger customers would pay an exit fee. (section 2 f)
-- DA customers would be a entrance fee to return to IOU service (Section 2
g)

There is also a confusing section (2 c) that says a retail customer is only
stuck with CDWR for the proportion of power that CDWR provides. The way it
reads, if CDWR is providing 40% of the IOUs' power, the retail customer can
get DA for 60% of its load. I doubt that will fly -- too difficult to keep
track of and ISO will oppose (only one scheduling coordinator/meter)

A conference call and meeting is scheduled with parties tomorrow on this
language.

Will keep you apprised.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 03/01/2001 04:28 PM -----

Scott Govenar <sgovenar@govadv.com<
03/01/2001 04:02 PM

To: Jim Steffes <james.d.steffes@enron.com<, "Harry.Kingerski@enron.com"
<Harry.Kingerski@enron.com<, Alan Comnes <acomnes@enron.com<, Leslie Lawner
<Leslie.Lawner@enron.com<, John Neslage <john.neslage@enron.com<, Susan J
Mara <smara@enron.com<
cc: Jeff Dasovich <jdasovic@enron.com<, Mike Day <MDay@GMSSR.com<, Sandra
McCubbin <Sandra.McCubbin@enron.com<
Subject: SBX 27

Attached, please find the proposed amendments to SBX 27 (Bowen) relating
to direct access. There will be a direct access coalition conference
call tomorrow to discuss current events as well as the new language.

- SB27Xlanguage.doc