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Hi Leslie:
The proposal that ENA submitted to Peevey/Freeman includes a proposal to reduce demand by 400 MWs if the state implements financial incentives for such reductions (i.e., if the state is willing to pay, say, 7 cents/kwh to "produce," it ought to willing to pay 7 cents to "reduce.") That proposal was distributed to the usual, company wide email distribution list last week when it was submitted. We can discuss further on the phone call this morning. Best, Jeff Leslie Lawner 02/13/2001 06:53 PM To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron cc: Subject: Ken Lay promise Apparently there are rumors that Ken Lay promised to make some kind of investment in California when he was talking to folks in the state ($300 million in DSM?) Do any of you know what this commitment might be? Sandy needs to be filled in on this. Let me know as soon as you can.
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