Message-ID: <4592040.1075846359634.JavaMail.evans@thyme> Date: Thu, 30 Nov 2000 00:07:00 -0800 (PST) From: richard.shapiro@enron.com To: steven.kean@enron.com Subject: Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Richard Shapiro X-To: Steven J Kean X-cc: X-bcc: X-Folder: \Steven_Kean_Dec2000_1\Notes Folders\Notes inbox X-Origin: KEAN-S X-FileName: skean.nsf How difficult issues are resolved in Illinois.......... ---------------------- Forwarded by Richard Shapiro/NA/Enron on 11/30/2000 08:06 AM --------------------------- From: Susan M Landwehr on 11/29/2000 10:08 PM To: James D Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron cc: Subject: Rick/Harry/Jim--- it's a tie this year for who is the worst player in the energy business---I can't decide which is more appalling--- Commissioner Ruth Kretschmer's blatant grab for her legacy or Commonwealth Edison's sleazy tactics. You'll recall that Com Ed has been trying to get accelerated collection of the decommissioning costs ($120 mil per year for 6 years) despite the fact tht they're planning on transferring their nuclear plants to an unregulated Genco. The battle has been ongoing at the ICC, and the customers and CUB and other intervenors have been successful in getting the hearing examiner to state that Com Ed should not be able to collect any dollars if they transfer the assets. Our hope was that the ICC would actually agree with the hearing examiner and deny the request, and that Com Ed would have to go to the legislature to get language that would allow them to collect. The ICC has not ruled yet. Anticipating that COm Ed would simultaneously work the legislative side,we have been working at the statehouse for about a month to sow the seeds to make sure that we could block them enough to get a trade such as a year or two of CTC early roll off. The legislature is in veto session right now, and Com Ed has not been able to get enough backing to move a bill. So....low and behold, a fax comes across this evening and it's a letter to the ICC from Com Ed offering to donate 2 of it's nuclear station sites to the citizens of Illinois to use as public parks after the sites are decommissioned if they are given the full $120 mil/6 year collection. And gee, do you think that maybe one of the parks would be named after the woman who brought it to the people!!?? There has been a rumor for about a year that Ruth had been angling with John Rowe to have one of the nuclear sites donated in her name, and she started ruminating in public and in semi public meetings about 6 weeks ago about the general concept. Part of me wishes that we didn't have any business interests that need protecting in Illinois, as I really would like to give a quote to Crains or the Tribune tomorrow slamming Kretschmer and Com Ed. Isn't this just the height of arrongance and corruption??!! I'll be sending out a general info e mail tomorrow on this development to the Project Lincoln team and of course Roy that is a bit more sanitized, but wanted you guys to know the real scoop (plus I think I just wanted to vent!)