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Date: Mon, 23 Jul 2001 07:22:08 -0700 (PDT)
From: michael.tribolet@enron.com
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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.