Message-ID: <4131651.1075851602566.JavaMail.evans@thyme>
Date: Mon, 23 Jul 2001 12:22:00 -0700 (PDT)
From: michael.tribolet@enron.com
To: susan.mara@enron.com, jeff.dasovich@enron.com, james.steffes@enron.com, 
	harry.kingerski@enron.com, lisa.mellencamp@enron.com
Subject: 
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Michael Tribolet <Michael Tribolet/ENRON@enronXgate>
X-To: Susan J Mara <Susan J Mara/NA/Enron@ENRON>, Jeff Dasovich <Jeff Dasovich/NA/Enron@Enron>, James D Steffes <James D Steffes/ENRON@enronXgate>, Harry Kingerski <Harry Kingerski/ENRON@enronXgate>, Lisa Mellencamp <Lisa Mellencamp/ENRON@enronXgate>
X-cc: 
X-bcc: 
X-Folder: \Dasovich, Jeff (Non-Privileged)\Dasovich, Jeff\Deleted Items
X-Origin: DASOVICH-J
X-FileName: Dasovich, Jeff (Non-Privileged).pst



Here is the DWR revenue requirement, which is good news for creditors.  It is significantly less on an annual basis, $2.66 B per annum vesus $4.2 B to $4.4B per annum shown before.  This difference can largely be explained by the fall-off in spot curves which explains $1.3 B per annum of the decrease.  All eyes will be on the utility's generation rate cases at CPUC on their retained gen, QF and billaterals.