Enron Mail

From: chris.stokley@enron.com To: bwilson@water.ca.gov Subject: CDWR DECEMBER PAYMENT Cc: rdjones@water.ca.gov Bcc: rdjones@water.ca.gov Date: Tue, 3 Apr 2001 14:18:00 -0700 (PDT) Betty, Stewart has asked that I send you an e-mail giving you the logic behind the way in which EPMI arrived at the CDWR payments for December as they relate to the PX index. EPMI made a payment for December sales to all of our Scheduling Coordinator clients equal to approximately 78% of what they would have received according to the PX hourly index. This is the approximate methodology that the PX used in making its payments to their customers. If you have any questions in regards to this issue, feel free to call me at 503-464-8219. Chris Stokley