---------------------- Forwarded by Mary Hain/HOU/ECT on 11/30/2000 08:57 AM 
---------------------------


Steve Walton
11/29/2000 03:34 PM
To: Paul Kaufman/PDX/ECT@ECT, Tim Belden/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT
cc:  
Subject: RTO West Transfer Payments --- Much Better Example

Please ignore the transfer payment example I sent earlier in the day.  When 
we were unable to talk on the phone, I kept working on the example and added 
panels to show each step in the process.   I have also prepared a short note 
to describe the pricing provisions of the Transmission Operating Agreement 
which trigger the transfer payments.  The spreadsheet has notes which explain 
the process.  It also assumes that a volumetric export fee is not added.  
Hopefully we can find a time to talk about these documents to make sure I 
have communitcated the issue.  

Steve