RPU

---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 03/09/2000
03:01 PM ---------------------------

From: Garrett Tripp 03/09/2000 02:51 PM

To: Benjamin Rogers/HOU/ECT@ECT
cc:
Subject: RPU

The following pricing has been completed for RPU LM6000 deal.

The price for the 6/1/01-9/30/06 term.
$4.01kw-mo Spread Option Value Plus $1.67kw-mo Capacity for a Total Price of
$5.68

Assumptions:
47 MW year one, 25 MW year two through six at MAPP (curve) ISO
Heat rate 10,200
Max run hours 1400
Summer only deal
VOM $3.02
NG at NNG Ventura with 0.10 summer adder
7x16 product
97% Availability Factor

Yrly Price without capacity