|
|
Enron Mail |
FYI - Free information from Fla.
-----Original Message----- From: Bill Bryant <BBryant@katzlaw.com<@ENRON Sent: Thursday, December 27, 2001 11:04 AM To: Steve Montavano (E-mail); Steve Montavano (E-mail 2) Subject: Florida RTO Bernie, Steve, In the FPSC's ongoing investigation into whether it is prudent for Florida IOUs to form a RTO and into the costs associated with a RTO, it issued an order last week finding that the IOUs' proactive formation of GridFlorida in response to Order No. 2000 is prudent. It said, however, that it did not find certain aspects of the GridFlorida proposal to be in the best interests of Florida's retail ratepayers. Of particular concern to the FPSC is the transfer of ownership of transmission assets that the current GridFlorida proposal contemplates. The FPSC said it believes that "the benefits associated with the transco structure of GridFlorida can be achieved under an ISO structure, in which participants would continue to own their transmission assets while the RTO would have operational control over those assets. ... The record indicates that the potential for customer benefits is just as likely under an ISO structure as the transco structure proposed for GridFlorida. ... While we appreciate the merits of transferring ownership of transmission assets to GridFlorida, we believe that a more cautious, transitional approach is prudent for Peninsular Florida at this time." The FPSC is satisfied with either a for-profit or not-for-profit ISO. The FPSC asked that the IOUs modify the GridFlorida proposal consistent with the terms of the FPSC order and file the modified proposal within 90 days of the December 20, 2001 order. Let me know if you need further information. We can scan the order into an Acrobat file and e-mail it to you, if you like. Bill
|