| 1. | COLLECTIONS                  ALLOCABLE AND AGGREGATE AMOUNTS AVAILABLE FOR THE CURRENT PAYMENT                  DATE: |
|----|-----------------------------------------------------------------------------------------------------------------------|

| i.    | Remittances                  for the May                  2006                  Series 2004-1 Collection Period:                                        | $ | 6,749,314.76  |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------|---|---------------|
| ii.   | Remittances                  for the June                  2006Series                  2004-1 Collection Period:                                        | $ | 8,052,695.58  |
| iii.  | Remittances                  for the July                  2006                  Series 2004-1 Collection Period:                                       | $ | 8,114,774.58  |
| iv.   | Remittances                  for the August                  2006                  Series 2004-1 Collection Period:                                     | $ | 8,764,127.64  |
| v.    | Remittances                  for the September                  2006                  Series 2004-1 Collection Period:                                  | $ | 9,601,323.23  |
| vi.   | Remittances                  for the October                  2006                  Series 2004-1 Collection Period:                                    | $ | 8,764,626.95  |
| vii.  | Remittances                  for the ____ Series                  2004-1 Collection Period(after                  _____, use 6 prior periods only) | $ |          |
| viii. | Remittances                  for the ____ Series 2004-1 Collection Period (after                  _____, use 6 prior periods only)                      | $ |          |
| ix.   | Remittances                  for the ____ Series 2004-1 Collection Period (after                  _____, use 6 prior periods only)                      | $ |          |
| x.    | Remittances                  for the ____ Series 2004-1 Collection Period                                                                               | $ |          |
| xi.   | Remittances                  for the ____ Series 2004-1 Collection Period                                                                               | $ |          |
| xii.  | Investment                  Earnings on Series 2004-1 Collection Account:                                                                               | $ | 0.00          |
| xiii. | Investment                  Earnings on Series 2004-1 Capital Subaccount:                                                                               | $ | 88,456.00     |
| xiv.  | Investment                  Earnings on Series 2004-1 Overcollateralization                  Subaccount:                                                | $ | 13,976.00     |
| xv.   | Investment                  Earnings on Series 2004-1 Reserve Subaccount:                                                                               | $ | 0.00          |
| xvi.  | Investment                  Earnings on Series 2004-1 General Subaccount:                                                                               | $ | 642,718.00    |
| xvii. | Series                  2004-1 General Subaccount Balance (sum of i through xvi                  above):                                                | $ | 50,792,012.74 |

| xviii. | Series                  2004-1 Reserve Subaccount Balance as                  of Prior Series 2004-1 Payment Date:               | $ | 0.00          |
|--------|----------------------------------------------------------------------------------------------------------------------------------|---|---------------|
| xix.   | Series                  2004-1 Overcollateralization Subaccount Balance as                  of Prior Series 2004-1 Payment Date: | $ | 628,168.09    |
| xx.    | Series                  2004-1 Capital Subaccount Balance as                  of Prior Series 2004-1 Payment Date:               | $ | 3,948,885.00  |
| xxi.   | Series                  2004-1 Collection Account Balance (sum of xvii through xx                  above)                        | $ | 55,369,065.83 |

----

| i.   | Class                  A-1 Outstanding Amount                            | $      | 188,956,607.00 |
|------|--------------------------------------------------------------------------|--------|----------------|
| ii.  | Class                  A-2 Outstanding Amount                            | $      | 221,000,000.00 |
| iii. | Class                  A-3 Outstanding Amount                            | $      | 289,777,000.00 |
| iv.  |                                                                     |   |           |
| v.   | Aggregate                  Outstanding Amount of All Series 2004-1 Bonds | $      | 699,733,607.00 |

|   | SERIES                  2004-1 PRINCIPAL     |   | PRINCIPAL                  DUE |
|--------|----------------------------------------------|--------|--------------------------------|
|   |                                         |   |                           |
| i.     | Class                  A-1                   | $      | 30,518,702.00                  |
| ii.    | Class                  A-2                   | $      | 0.00                           |
| iii.   | Class                  A-3                   | $      | 0.00                           |
| iv.    |                                         |   |                           |
| v.     | For                  All Series 2004-1 Bonds | $      | 30,518,702.00                  |

|   | SERIES                  2004-1               | BOND                  INTEREST RATE | DAYS                  IN INTEREST PERIOD(1) |   |   | PRINCIPAL                  BALANCE |   |   | INTEREST                  DUE |
|--------|----------------------------------------------|-------------------------------------|---------------------------------------------|--------|--------|------------------------------------|--------|--------|-------------------------------|
| vi.    | Class                  A-1                   | 3.52%                               | 180                                         |   | $      | 188,956,607                        |   | $      | 3,325,636.28                  |
| vii.   | Class                  A-2                   | 4.81%                               | 180                                         |   | $      | 221,000,000                        |   | $      | 5,315,050.00                  |
| viii.  | Class                  A-3                   | 5.29%                               | 180                                         |   | $      | 289,777,000                        |   | $      | 7,664,601.65                  |
| ix.    |                                         |                                |                                        |   |   |                               |   |   |                          |
| x.     | For                  All Series 2004-1 Bonds |                                |                                        |   | $      | 699,733,607                        |   | $      | 16,305,287.93                 |

|   |                                                            |   | REQUIRED                  LEVEL |   |   | FUNDING                  REQUIRED |
|--------|-----------------------------------------------------------------|--------|---------------------------------|--------|--------|-----------------------------------|
| xi.    | Series                  2004-1 Overcollateralization Subaccount | $      | 822,685.00                      |   | $      | 194,516.91                        |
| xii.   | Series                  2004-1 Capital Subaccount               | $      | 3,948,885.00                    |   | $      | 0.00                              |

----

| 4. | ALLOCATION                  OF REMITTANCES AS OF CURRENT PAYMENT DATE PURSUANT TO §8.02(d) OF                  INDENTURE: |
|----|--------------------------------------------------------------------------------------------------------------------------------|

| i.     | Trustee                  Fees and Expenses (subject to cap - see 8.02(e)(i) of the                  Indenture): | $      | 0.00       |
|--------|-----------------------------------------------------------------------------------------------------------------|--------|------------|
| ii.    | Independent                  Manager Fees (subject to cap - see 8.02(e)(i) of the                  Indenture):  | $      | 0.00       |
| iii.   | Series                  2004-1 Servicing Fee:                                                                   | $      | 122,444.25 |
| iv.    | Operating                  Expenses (subject to cap - see 8.02(e)(iii) of the                  Indenture):      |   |       |
|   | Trust                  Operating Expense:                                                                       | $      | 0.00       |
|   | Trust                  Accounting Expense:                                                                      | $      | 0.00       |
|   | Rating                  Agency Fees:                                                                            | $      | 10,000.00  |
|   | Administration                  Fee:                                                                            | $      | 0.00       |
|   | Audit                  Fee (reimburse Administrator - Sec 3 of Agrmt):                                          | $      | 25,577.00  |
|   | Total                  Fees and Expenses (i through iv):                                                        | $      | 158,021.25 |
|   |                                                                                                            |   |       |
| v.     | Semi-Annual                  Interest (including any past-due for prior period(s)                               |   |       |

| SERIES                  2004-1 |                                        |   |
|--------------------------------|---------------------------------------------|--------|
|                           |                                        |   |
| 1.                             | Class                  A-1 Interest Payment | $      | 3,325,636.28 |
| 2.                             | Class                  A-2 Interest Payment | $      | 5,315,050.00 |
| 3.                             | Class                  A-3 Interest Payment | $      | 7,664,601.65 |

| 1. | Class                  A-1 Principal Payment | $ | 0.00 |
|----|----------------------------------------------|---|------|
| 2. | Class                  A-2 Principal Payment | $ | 0.00 |
| 3. | Class                  A-3 Principal Payment | $ | 0.00 |

| 1. | Class                  A-1 Principal Payment | $ | 30,518,702.00 |
|----|----------------------------------------------|---|---------------|
| 2. | Class                  A-2 Principal Payment | $ | 0.00          |
| 3. | Class                  A-3 Principal Payment | $ | 0.00          |

----

| viii. | Funding                  of Series 2004-1 Capital Subaccount (to required level)                                | $ | 0.00           |
|-------|-----------------------------------------------------------------------------------------------------------------|---|----------------|
| ix.   | Funding                  of Series 2004-1 Overcollateralization Subaccount (to required                  level) | $ | 194,516.91     |
| x.    | Investment                  Earnings on Series 2004-1 Capital Subaccount Released to                  Issuer    | $ | 88,456.00      |
| xi.   | Deposit                  to Series 2004-1 Reserve Subaccount                                                    | $ | 3,527,028.65   |
| xii.  | Released                  to Issuer upon Retirement of all Bonds                                                | $ | 0.00           |
| xiii. | AGGREGATE                  REMITTANCES AS OF CURRENT PAYMENT DATE                                               | $ | $50,792,012.74 |

| 5. | OUTSTANDING                  AMOUNT AND SERIES                  2004-1 COLLECTION                  ACCOUNT BALANCE AS OF CURRENT PAYMENT DATE (AFTER GIVING EFFECT                  TO                  PAYMENTS TO BE MADE ON SUCH PAYMENT                  DATE): |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| i.              | Class                  A-1 Outstanding Amount                                                         | $             | 158,437,905.00           |
|-----------------|-------------------------------------------------------------------------------------------------------|---------------|--------------------------|
| ii.             | Class                  A-2 Outstanding Amount                                                         | $             | 221,000,000.00           |
| iii.            | Class                  A-3 Outstanding Amount                                                         | $             | 289,777,000.00           |
| iv.             |                                                                                                  |          |                     |
| v.              | AGGREGATE                  OUTSTANDING AMOUNT OF ALL SERIES 2004-1 BONDS                              | $             | 669,214,905.00           |
|   vi. |   Series                  2004-1 Reserve Subaccount Balance                                 |   $ |   3,527,028.65 |
| vii.            | Series                  2004-1 Overcollateralization Subaccount Balance                               | $             | 822,685.00               |
| viii.           | Series                  2004-1 Capital Subaccount Balance                                             | $             | 3,948,885.00             |
| ix.             | AGGREGATE                  SERIES                  2004-1 COLLECTION                  ACCOUNT BALANCE | $             | 8,298,598.65             |

| 6. | SUBACCOUNT                  WITHDRAWALS AS OF CURRENT PAYMENT DATE (IF APPLICABLE, PURSUANT                  TO SECTION                  8.02(e) OF INDENTURE): |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| i.   | Series                  2004-1 Reserve Subaccount               | $ | 0.00 |
|------|-----------------------------------------------------------------|---|------|
| ii.  | Series                  2004-1 Overcollateralization Subaccount | $ | 0.00 |
| iii. | Series                  2004-1 Capital Subaccount               | $ | 0.00 |
| iv.  | TOTAL                  WITHDRAWALS                              | $ | 0.00 |

----

| i. | Semi-annual                  Interest |
|----|---------------------------------------|

| 1. | Class                  A-1 Interest Payment | $ | 0.00 |
|----|---------------------------------------------|---|------|
| 2. | Class                  A-2 Interest Payment | $ | 0.00 |
| 3. | Class                  A-3 Interest Payment | $ | 0.00 |

| 1. | Class                  A-1 Principal Payment | $ | 0.00 |
|----|----------------------------------------------|---|------|
| 2. | Class                  A-2 Principal Payment | $ | 0.00 |
| 3. | Class                  A-3 Principal Payment | $ | 0.00 |

| 8. | SHORTFALLS                  IN REQUIRED SERIES 2004-1 SUBACCOUNT LEVELS AS OF CURRENT PAYMENT                  DATE: |
|----|----------------------------------------------------------------------------------------------------------------------|

| i.  | Series                  2004-1 Overcollateralization Subaccount | $ | 0.00 |
|-----|-----------------------------------------------------------------|---|------|
| ii. | Series                  2004-1 Capital Subaccount               | $ | 0.00 |

|   |   | TXU                  ELECTRIC DELIVERY COMPANY, |   |
|--------|--------|-------------------------------------------------|--------|
|   |   | as                  Servicer                    |   |
|   |   |                                            |   |
|   |   |                                            |   |
|   |   |                                            |   |
|   | By:    | /s/                  John M. Casey              |   |
|   | Name:  | John                  M. Casey                  |   |
|   | Title: | Assistant                  Treasurer            |   |
|   |   |                                            |   |

----