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Enron Mail |
I'm not sure how the mechanics work on OFOs. I know that there is an OFO penalty bucket. The customer is charged $10/dth that he is over/under the scheduled quantity. Section 13A doesn't address how the imbalance on an OFO day is treated but 13.A.5 that states that after Pack/Draft, Alert Day, MSS... are calculated the rest of the imbalance is cumulated into the operator account for the monthly total(should I assume the OFO balance is included in the monthly total?).
In an underage or overage OFO the customer is charged the $10 for the under or over burned amount. Assuming that the customer was in penalty he has to pay $10/dth, but does the imbalance on the OFO day become part of the cumulative monthly balance that the customer can book/cashout? Teb, is this correct? Galen, can you have Larry Hill go behind the scene and to see how it was programmed (I know it's a busy day for invoicing but sometime this week?). Thanks. -----Original Message----- From: "Virgilio, David" <David.Virgilio@constellation.com<@ENRON [mailto:IMCEANOTES-+22Virgilio+2C+20David+22+20+3CDavid+2EVirgilio+40constellation+2Ecom+3E+40ENRON@ENRON.com] Sent: Monday, October 01, 2001 11:32 AM To: Cady, Rachel Subject: Question Rachel, To recap one question/answer: In an OFO situation, the customer faces a $10/Dth penalty. What happens to the volume imbalance? Is it immediately cashed-out as with the Overage Alert Day, or does it hit the monthly imbalance for cash-out/book-out? Do I have it right by saying that in an Alert Day situation, the volume is immediately cashed-out daily? When you get a minute, please advise. Thank you! David ____________________________ David Virgilio, Associate Natural Gas Scheduling Constellation Power Source, Inc. 111 Market Place, Suite 500 Baltimore, MD 21202 410-468-3804, Scheduling Desk 410-468-3844, Direct 410-468-3540, Fax http://www.powersrc.com <<Virgilio, David.vcf<< - Virgilio, David.vcf
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