Message-ID: <1593239.1075840703277.JavaMail.evans@thyme> Date: Thu, 12 Apr 2001 01:27:00 -0700 (PDT) From: bill.iii@enron.com To: portland.shift@enron.com Subject: EES--CAISO Notice - Distribution of Funds for January Preliminary Invoice Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Bill Williams III X-To: Portland Shift X-cc: X-bcc: X-Folder: \mark guzman 6-28-02\Notes Folders\Notes inbox X-Origin: GUZMAN-M X-FileName: mark guzman 6-28-02.nsf We need to sell all the EES all the time. The imbalance is always zero...it doesn't matter what the beep prints(unless its negative-then you can bet we will get charged!!!). Any ideas, or advice for them? Let me know. Bill ---------------------- Forwarded by Bill Williams III/PDX/ECT on 04/12/2001 08:29 AM --------------------------- To: Bill Williams III/PDX/ECT@ECT cc: Daniel Kang/HOU/EES@EES, Jubran Whalan/HOU/EES@EES Subject: CAISO Notice - Distribution of Funds for January Preliminary Invo ice Bill, We are still in a bad position with the ISO. I have noticed that you have not been able to sell all of our length in the real time market. Given the below statement by the ISO we would ask your traders to get as aggressive as possible on the sales (ie just sell it) . Receiving cents on the dollar from the ISO is not a sound business proposition for us. Do you have any ideas, we welcome your advice .... Thanks NFB ---------------------- Forwarded by Neil Bresnan/HOU/EES on 04/12/2001 07:22 AM --------------------------- "Woertz, Byron" on 04/11/2001 06:31:30 PM To: ISO Market Participants cc: SC Settlements Contacts Subject: CAISO Notice - Distribution of Funds for January Preliminary Invo ice ISO Market Participants: Cash clearing related to the preliminary invoice for January 2001 was scheduled for April 3, 2001. Due to a shortfall in receipts from market debtors, the ISO was required to perform calculations in accordance with ISO Tariff Section 11 and Settlements and Billing Protocol ("SABP") Section 6 to determine the appropriate pro-rata distributions to scheduling coordinators. These calculations have been completed, and a distribution of available funds was made today. A total distribution of $5,980,329 was made against accounts payable of $835,450,697, resulting in a pay-out percentage of 0.7%. Total market related collections were $12,952,985, which were reduced to the $5,940,329 to cover GMC short-payments and other adjustments. The ISO will provide a comprehensive reporting of the January preliminary settlement later this week, and will thereafter distribute a current certification of amounts owed. Phil Leiber Dir. Financial Planning & Treasurer California ISO 916 351-2168 916-351-2259 (fax) Byron B. Woertz, Jr. Director, Client Relations (916) 608-7066 (800) 481-7037 - Pager