Enron Mail

From:crcommunications@caiso.com
To:20participants@caiso.com, scsettlecontacts@caiso.com
Subject:CAISO Notice - Dual Invoicing to resume trade month November 2001
Cc:
Bcc:
Date:Mon, 7 Jan 2002 12:32:15 -0800 (PST)

NOTE: This notice was previously issued with the word
"Draft" in the subject line, in error. The contents of the notice have not
changed.

< MARKET NOTICE
< January 4, 2002
<
< Resumption of Preliminary Invoicing
<
< ISO Market Participants:
< SC Settlement Contacts:
<
< The ISO will resume issuing Preliminary Invoices starting with the
< November 2001 trade month.
< On August 30, 2001, the ISO distributed a notice indicating that it
< would temporarily suspend making cash distributions based on preliminary
< invoices. The notice further indicated that this practice was to be
< effective for the June, 2001 billing cycle. Beginning with the July 2001
< trade month, the ISO temporarily halted issuance of the preliminary
< invoices entirely. Subsequently, the ISO issued a single monthly invoice
< on the date that it issued the Final Settlement Statement for the last
< Trade Day of the calendar month. Thus, the ISO neither collected nor
< dispersed funds until the final invoice was distributed.
< This suspension of the "two invoice" settlements approach was a
< temporary action. The ISO will resume issuing Preliminary Invoices
< starting with November 2001 trade month. This is consistent with ISO's
< proposal in the November 21, 2001 compliance filing for FERC's November 7
< order. November 2001 Preliminary Invoices are scheduled to be generated
< on January 29, 2002.
< If you have questions regarding this procedure, please contact your
< Account Manager.
<
< Client Relations Communications.0921
< CRCommunications@caiso.com
<