Message-ID: <9000893.1075860353791.JavaMail.evans@thyme> Date: Fri, 23 Mar 2001 23:48:00 -0800 (PST) From: dfuller@caiso.com To: 20participants@caiso.com Subject: CAISO Notice - Important information on December invoicing/paymen ts Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Fuller, Don" X-To: ISO Market Participants X-cc: X-bcc: X-Folder: \Mary_Hain_Aug2000_Jul2001\Notes Folders\All documents X-Origin: Hain-M X-FileName: mary-hain.nsf ISO Market Participants, (This is an important notice - it may have been sent yesterday, but is being sent or resent today to insure you receive it) > On Thursday, March 22, 2001, the ISO was scheduled to settle the December > 2000 final (true-up) invoices. > > Payments due and received are summarized below: > > Market Obligations > Invoiced Amounts: > $72,817,565.78 > Paid to the ISO on 3/22/01: > $4,668,657.91 > > ISO Accounts Payable 3/22/01 > $81,612,266.92* > Available for Distribution and Distributed 3/23/01 > $4,668,657.91 > > Note: > * Without consideration of previous defaults, the ISO was scheduled > to distribute $81,612,266.62. The difference between this amount and the > $72,817,565.78 which should have been received is a timing difference > which would have been funded from an over-collection from the December > preliminary invoice (absent the market defaults related to the preliminary > statement.) > > The ISO issued instructions today to its bank to distribute $4,668,657.91. > The amount available for distribution was distributed equitably, taking > into consideration total December charges (including preliminary and final > invoiced amounts), amounts previously distributed, and amounts owed to the > ISO. The ISO is currently preparing for distribution to ISO creditors a > current certification of amounts owed for December 2000. > > > > Phil Leiber > Dir. Financial Planning & Treasurer > California ISO > 916 351-2168 > 916-351-2259 (fax) > >