IN: As a follow-up to our call. Here is some additional information regarding QF pricing issues. QFs who voluntarily switched to PX pricing have been getting paid full PX prices (and there seem to be a couple of thousand MWs that have switched. The concern is that the Commission's ultimate decision on PX-based QF prices will force the QFs that have switched to "refund" some of the payments they've received (e.g., under a "PX minus" mechanism). The majority of QFs are happy with the judge's proposed decision pending before the PUC (except those remotely located QFs who will take a big GMM hit). As we discussed, the Commission strongly rejected Edison's emergency motion regarding the gas piece of the QF pricing formula. Recall also that a couple of months ago

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OUT: Recent Info on QF Pricing-related Issues

IN: Due to the holiday, on Friday, December 21 traders will have to use a Custom strip to trade Power deliverable on Wednesday, December 26. These Custom strips will be used to calculate a separate set of Power Indices which will be published on Friday afternoon along with our regular Daily Power Indices. ! ! Please call our Help Desk at 770 738 2101 or a member of our Power Sales Team with any questions. !

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OUT: Power Indices for December 26

IN: Kathy, As you know we are trying to eliminate all the plugs on the Gas Benchmark. Therefore we would like to begin pulling your positions from the GRMS system. I have attached a file that shows the position that I got when I queried GRMS for the June 14 position. I have also included the detail and a copy of what you reported. As you will see these positions are significantly different. Please look at the detail and let me know if you see the reason for the descrepancy (ie books that we have omitted). Let me know if you need more information. Thanks,

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OUT: Intramonth Canada Positions

IN: Mike & Sally, Below is the information that we received on the project. I am still waiting on a cost center from EES for the expense portions to settle to. Look over this information and let me know if you still want to meet to go over this. This is the EES project, which is set up on EES to capture the capital portion of the project costs. The expense portion should settle to an EES cost center. The project set up shown below is the Networks project, which I set up, but have not yet released. Only Release 1 is shown below. There are three releases set up, but only the first one will be released at this time. All three releases or phases will look like the other phases. As you can see below, the capital parts of the project (Solution Definition, Design & Build, and Implementation & Testing) are set up with three basic WBS elements. These elements as described below will settle to the EES project as follows. Project Coding on Networks Project Settles to EES Project WBS C.300000.01.SD.OU Rel 1 SD Outside Consultants Labor C.007730.22.01 Outside Professional C.300000.01.SD.EN Rel 1 SD Enron Labor C.007730.22.03 Enron Labor C.300000.01.SD.OE Rel 1 SD Other Expenditures C.007730.22.05 Other Expenditure C.300000.01.HW Hardware Purchases C.007730.24.01 Hardware C.300000.01.SW Software Purchases C.007730.24.02 Software This will allow the costs on the Networks project to be tracked in a manor that will support how the charges are settling to EES. So if EES has any questions about the charges we should be able to pull up the detail very quickly. The following items will settle to an EES cost center since they are expense related. C.300000.01.PI.TR Rel 1 PI Training Dev & Delivery C.300000.01.PI.PI Rel 1 PI Post Implementation Support C.300000.01.PI.GA Rel 1 PI General & Administrative

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OUT:
Genesys or now the Liberty Project