Message-ID: <20039562.1075843834994.JavaMail.evans@thyme>
Date: Mon, 18 Dec 2000 11:22:00 -0800 (PST)
From: jeff.dasovich@enron.com
To: wanda.curry@enron.com, roger.yang@enron.com, harry.kingerski@enron.com, 
	james.steffes@enron.com, richard.shapiro@enron.com, 
	susan.mara@enron.com, paul.kaufman@enron.com, 
	scott.stoness@enron.com, michael.smith@enron.com, 
	karen.denne@enron.com, mpalmer@enron.com, jennifer.rudolph@enron.com, 
	sandra.mccubbin@enron.com
Subject: Notes from Meeting with California Stakeholders
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X-From: Jeff Dasovich
X-To: Wanda Curry, Roger Yang, Harry Kingerski, James D Steffes, Richard Shapiro, Susan J Mara, Paul Kaufman, Scott Stoness, Michael A Smith, Karen Denne, mpalmer@enron.com, Jennifer Rudolph, Sandra McCubbin
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Just got off the call with the California stakeholders. The group's trying to 
come up with a solution and today's call was a challenge.  Edison threw new 
demands on the table that effectively ended any chance for a deal today.  

Appears that at this point that anything more than a 10% rate increase is out 
of the question politically for the Governor, and the utilities are very 
unhappy about it.  Consumer groups are already balking publicly at the 10% 
increase reported in the press.

The meeting effectively ended when Edison announced that, in response to New 
West turning back their customers, Edison plans to file a proposal with the 
Commission this week that would require all returning customers to pay the 
spot price for energy.  The large customer groups blew their tops and that 
pretty much ended the call.

The group agreed to meet again on Friday, after the PUC business meeting on 
Thursday.

Best,
Jeff