Message-ID: <4685768.1075863599447.JavaMail.evans@thyme> Date: Mon, 7 Aug 2000 07:45:00 -0700 (PDT) From: valarie.sabo@enron.com To: christian.yoder@enron.com, chris.stokley@enron.com, jeff.richter@enron.com, tim.belden@enron.com, robert.badeer@enron.com Subject: daily block forwards new charges Cc: monica.lande@enron.com, donald.vinson@enron.com, d.hunsucker@enron.com, mark.guzman@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: monica.lande@enron.com, donald.vinson@enron.com, d.hunsucker@enron.com, mark.guzman@enron.com X-From: Valarie Sabo X-To: Christian Yoder, Chris Stokley, Jeff Richter, Tim Belden, Robert Badeer X-cc: Monica Lande, Donald Wayne Vinson, D Brett Hunsucker, Mark Guzman X-bcc: X-Folder: \Robert_Badeer_Aug2000\Notes Folders\Discussion threads X-Origin: Badeer-R X-FileName: rbadeer.nsf Talked to Mark Hodge from the PX this morning regarding the charges on our statement. He said that the daily block forwards transaction fee has been waived for July and Aug. (.02 transaction charge). However, the tariff was changed on May 2nd that increased the settlement (aka clearing) charges to .03 per mwh per day. I asked him why the daily block forwards are so expensive when we get the .01 charge as a preferred customer on the term block forwards. He said it's because of the costly bookout process. I told him we do financial onlys, but not bookouts, and restated that .03 is more expensive than brokers. He said that because the tariff filing of .03 was the maximum, these fees can be negotiated away from the .03 max., especially since we don't add to the costs of bookouts. So, whoever among us is the queen or king of daily block forwards, or our block forward accounts in general, I suggest we do negotiate a lower rate on the daily schedules. Both Brett and I tried to access the tariff on the PX website, but we couldn't read it. So, if someone has better clearance or web tools than us, please let us know so we can update ours.