
Date: Fri, 27 Apr 2001 04:06:00 -0700 (PDT)
From: suzanne.calcagno@enron.com
To: judy.townsend@enron.com, dan.junek@enron.com, victor.lamadrid@enron.com,
victoria.versen@enron.com, kimberly.olinger@enron.com,
chris.germany@enron.com, maureen.smith@enron.com,
sandra.brawner@enron.com, brad.mckay@enron.com,
robin.barbe@enron.com, mark.breese@enron.com,
ruth.concannon@enron.com, john.hodge@enron.com,
craig.taylor@enron.com, tammi.depaolis@enron.com,
scott.goodell@enron.com, gil.muhl@enron.com
Subject: Change in Tetco Rates for June 1
Cc: rebecca.cantrell@enron.com, robert.superty@enron.com, donna.greif@enron.com,
donna.fulton@enron.com, bob.hall@enron.com
Bcc: rebecca.cantrell@enron.com, robert.superty@enron.com, donna.greif@enron.com,
donna.fulton@enron.com, bob.hall@enron.com

Hello All-

Attached above are the cover letter and proposed tariff sheets filed by Texas
Eastern yesterday for a June 1 effective date.  The rate changes reflect
under recoveries in their ASA account which tracks their cash-out mechanism
and increased cost of system fuel.  The underrecovery in the ASA account has
increased from $22,000 to over $22,000,000 over the period September 1--March
31.  Texas Eastern claims that this is largely a result of the gaming of
their currently monthly cash-out (which will likely be changed to weekly in
their 637 proceeding).  As a result, Texas Eastern is seeking a waiver of the
annual filing period in order to begin collecting the underrecovery through a
surcharge that would amount to as much as $.0354 from ELA-M3.  Texas Eastern
proposes to begin recovery in June so as to extend the recovery period from
12 months (Dec-Nov) to 18 months (Jun-Nov), which will lower the level of the
surcharge.

We'll review the filing to see if there are any grounds for protest /
comment.  These types of dollars are usually "rubber-stamped" by FERC for
pass-through but the filing to change the recovery time period may give us
some grounds to protest the recovery.

The full filing can be found at :
http://infopost.link.duke-energy.com/infopost/default.asp?pipe=TE

Please let me know if you have any questions or need any additional
information.

Thanks,
Suzanne
