Message-ID: <27309766.1075852086538.JavaMail.evans@thyme> Date: Fri, 26 Oct 2001 07:42:05 -0700 (PDT) From: michael.etringer@enron.com To: barry.tycholiz@enron.com Subject: RE: QF payments Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Etringer, Michael X-To: Tycholiz, Barry X-cc: X-bcc: X-Folder: \BTYCHOL (Non-Privileged)\Tycholiz, Barry\Inbox X-Origin: TYCHOLIZ-B X-FileName: BTYCHOL (Non-Privileged).pst There may be a handful of small QFs which have not returned but I would say the a majority of the QFs are back on line and are being paid for what they generate on a go forward basis. Right now the SCE QFs are negotiating with SCE on 2 major points: when will they be paid for the outstanding receivables (est. at $1.3 B for SCE and about $1.0 B for PG&E) and when will the 5 yr fixed price SRAC of 5.37 cents/kw apply for those that have selected this option. Right now SCE appears to be indicating that they will be paying the receivable sometime around June/July of 2002 and that the 5.37 price would apply at that time or as much as 4 months after that. The logic is that they are trying to indicate that the MOU, if it had been passed, would not have applied at least until that time. M -----Original Message----- From: Tycholiz, Barry Sent: Friday, October 26, 2001 6:58 AM To: Etringer, Michael Subject: QF payments Mike, have the QF's been paid for the power they were selling to the utilities. I have not heard much about that and was wondering if these payments were all part of the Bond issue.? Are the QF's generating power today? BT