Spreadsheet: jeffrey_a_shankman__13999__Exhibit 14 (Scenario 5)
Sheet: SDG&E URG

SDG&E RETAINED GENERATION SUPPLY AND COST (04/26/2001)
ASSUMPTIONS:
SONGS 3 return to service mid June 2001
PGE 2 week maintenance outage in May-June 2001 instead of 4 week.
Market Price Forecast:  Natsource 03/09/01
Intermediate term contracts priced at 85% of market
 | APR-DEC 2001 | 2002 | 2003 |  | 2001-04-01 00:00:00 | 2001-05-01 00:00:00 | 2001-06-01 00:00:00 | 2001-07-01 00:00:00 | 2001-08-01 00:00:00 | 2001-09-01 00:00:00 | 2001-10-01 00:00:00 | 2001-11-01 00:00:00 | 2001-12-01 00:00:00 | 2002-01-01 00:00:00 | 2002-02-01 00:00:00 | 2002-03-01 00:00:00 | 2002-04-01 00:00:00 | 2002-05-01 00:00:00 | 2002-06-01 00:00:00
SDG&E RETAINED GENERATION SUPPLY in MWh
SONGS | 2440791.849315068 | 3444816 | 3691464 |  | 150998.3835616438 | 156031.6630136986 | 272918.3835616438 | 313511.6630136986 | 313511.6630136986 | 303398.3835616438 | 313511.6630136986 | 303398.3835616438 | 313511.6630136986 | 311793.253125 | 281619.7125 | 311793.253125 | 301735.40625 | 281620.171875 | 150870
PNM | 68400 | 0 | 0 |  | 68400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
PGE | 519612 | 649540.8 | 649540.8 |  | 58824 | 50980.8 | 49020 | 60784.8 | 60784.8 | 58824 | 60784.8 | 58824 | 60784.8 | 60784.8 | 54902.4 | 60784.8 | 58824 | 25593.6 | 27864
QF | 1345570.683333334 | 1781033.333333333 | 1781033.333333333 |  | 145154.2166666667 | 152990.7633333333 | 152990.7633333333 | 152990.7633333333 | 152990.7633333333 | 152990.7633333333 | 145154.2166666667 | 145154.2166666667 | 145154.2166666667 | 145154.2166666667 | 145154.2166666667 | 145154.2166666667 | 145154.2166666667 | 152990.7633333333 | 152990.7633333333
BILATERAL | 795800 | 1056520 | 1056520 |  | 86800 | 89720 | 86960 | 89560 | 89880 | 86640 | 89880 | 86800 | 89560 | 89720 | 81120 | 89720 | 86960 | 89720 | 86800
INTERMEDIATE TERM CONTRACTS | 1212000 |  |  |  | 132000 | 136800 | 134400 | 134400 | 139200 | 129600 | 139200 | 132000 | 134400 | 0 | 0 | 0 | 0 | 0 | 0
TOTAL | 6382174.532648402 | 6931910.133333333 | 7178558.133333334 |  | 642176.6002283106 | 586523.226347032 | 696289.1468949772 | 751247.226347032 | 756367.226347032 | 731453.1468949772 | 748530.6796803654 | 726176.6002283106 | 743410.6796803654 | 607452.2697916667 | 562796.3291666667 | 607452.2697916667 | 592673.6229166667 | 549924.5352083333 | 418524.7633333333
URG Sales Jul-01 to Jun-02 | 6987209.349386415 |  |  |  |  |  |  | 616847.226347032 | 617167.226347032 | 601853.1468949772 | 609330.6796803654 | 594176.6002283106 | 609010.6796803654 | 607452.2697916667 | 562796.3291666667 | 607452.2697916667 | 592673.6229166667 | 549924.5352083333 | 418524.7633333333
SDG&E RETAINED GENERATION COST in K$
SONGS | 106906.683 | 152605.3488 | 163531.8552 |  | 6613.7292 | 6834.186839999999 | 11953.8252 | 13731.81084 | 13731.81084 | 13288.8492 | 13731.81084 | 13288.8492 | 13731.81084 | 13812.4411134375 | 12475.75326375 | 13812.4411134375 | 13366.878496875 | 12475.7736140625 | 6683.541
PNM | 6786 | 0 | 0 |  | 6786 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
PGE | 35117.19438397296 | 46572.34337827895 | 46786.70945688742 |  | 3913.455967996939 | 3830.328505597347 | 3809.546639997449 | 3934.237833596837 | 3934.237833596837 | 3913.455967996939 | 3934.237833596837 | 3913.455967996939 | 3934.237833596837 | 3953.709922117301 | 3889.479929654337 | 3953.709922117301 | 3932.299924629647 | 3569.456809312548 | 3594.247332719307
QF | 151224.9784070557 | 175348.5387936617 | 144998.038811995 |  | 13952.3360973242 | 18867.37456279178 | 18940.81012919178 | 19087.68126199178 | 19087.68126199178 | 18500.19673079178 | 14216.51677165754 | 14286.19079565753 | 14286.19079565753 | 14784.0697588242 | 14393.60491599087 | 13781.05412165754 | 12868.0340988242 | 17019.24614172511 | 16889.20399289178
BILATERAL | 52554.7 | 55981.74 | 50185.86 |  | 5730.2 | 5926.78 | 5763.64 | 5893.34 | 5960.22 | 5696.76 | 5960.22 | 5730.2 | 5893.34 | 4753.14 | 4303.44 | 4753.14 | 4616.52 | 4753.14 | 4596.6
INTERMEDIATE TERM CONTRACTS | 252205.2 |  |  |  | 22542 | 25338.16 | 30886.96 | 35278.4 | 51071.4 | 27682.8 | 22617.48 | 19339.2 | 17448.8 | 0 | 0 | 0 | 0 | 0 | 0
TOTAL | 604794.7557910287 | 430507.9709719406 | 405502.4634688824 |  | 59537.72126532114 | 60796.82990838912 | 71354.78196918924 | 77925.46993558863 | 93785.34993558862 | 69082.06189878871 | 60460.26544525438 | 56557.89596365448 | 55294.37946925437 | 37303.360794379 | 35062.27810939521 | 36300.34515721234 | 34783.73252032885 | 37817.61656510016 | 31763.59232561108
URG Costs Jul-01 to Jun-02 | 452698.2681201558 |  |  |  |  |  |  | 42647.06993558862 | 42713.94993558861 | 41399.26189878871 | 37842.78544525438 | 37218.69596365448 | 37845.57946925437 | 37303.360794379 | 35062.27810939521 | 36300.34515721234 | 34783.73252032885 | 37817.61656510016 | 31763.59232561108
 | 24000