Message-ID: <10500926.1075858978829.JavaMail.evans@thyme> Date: Mon, 1 Oct 2001 10:58:54 -0700 (PDT) From: teb.lokey@enron.com To: rachel.cady@enron.com, galen.coon@enron.com Subject: RE: Question Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Lokey, Teb X-To: Cady, Rachel , Coon, Galen X-cc: X-bcc: X-Folder: \TLOKEY (Non-Privileged)\Sent Items X-Origin: Lokey-T X-FileName: TLOKEY (Non-Privileged).pst The imbalance becomes part of thecumulative imbalance subject to book-out/cash-out. The alert day imbalances are treated differently - the alert day imbalances are settled at 200% of the high (weekly) index for overburns on an overage alert day and 50% of the low ( weekly) index for underburns on an underage alert day. -----Original Message----- From: Cady, Rachel Sent: Monday, October 01, 2001 12:48 PM To: Lokey, Teb; Coon, Galen Subject: FW: Question I'm not sure how the mechanics work on OFOs. I know that there is an OFO penalty bucket. The customer is charged $10/dth that he is over/under the scheduled quantity. Section 13A doesn't address how the imbalance on an OFO day is treated but 13.A.5 that states that after Pack/Draft, Alert Day, MSS... are calculated the rest of the imbalance is cumulated into the operator account for the monthly total(should I assume the OFO balance is included in the monthly total?). In an underage or overage OFO the customer is charged the $10 for the under or over burned amount. Assuming that the customer was in penalty he has to pay $10/dth, but does the imbalance on the OFO day become part of the cumulative monthly balance that the customer can book/cashout? Teb, is this correct? Galen, can you have Larry Hill go behind the scene and to see how it was programmed (I know it's a busy day for invoicing but sometime this week?). Thanks. -----Original Message----- From: "Virgilio, David" @ENRON [mailto:IMCEANOTES-+22Virgilio+2C+20David+22+20+3CDavid+2EVirgilio+40constellation+2Ecom+3E+40ENRON@ENRON.com] Sent: Monday, October 01, 2001 11:32 AM To: Cady, Rachel Subject: Question Rachel, To recap one question/answer: In an OFO situation, the customer faces a $10/Dth penalty. What happens to the volume imbalance? Is it immediately cashed-out as with the Overage Alert Day, or does it hit the monthly imbalance for cash-out/book-out? Do I have it right by saying that in an Alert Day situation, the volume is immediately cashed-out daily? When you get a minute, please advise. Thank you! David ____________________________ David Virgilio, Associate Natural Gas Scheduling Constellation Power Source, Inc. 111 Market Place, Suite 500 Baltimore, MD 21202 410-468-3804, Scheduling Desk 410-468-3844, Direct 410-468-3540, Fax http://www.powersrc.com <> - Virgilio, David.vcf << File: Virgilio, David.vcf >>