What was the explicity capacity ($/kw-mo) component by year for PECO in their stranded cost case?  Feel free to call JR.

Jim

 -----Original Message-----
From: 	Thome, Jennifer  
Sent:	Wednesday, August 15, 2001 11:35 AM
To:	Steffes, James D.
Subject:	FW: Installed capacity def. charge and PECO


Jim:

Below is the response I received from Daniel re: the ICAP component in PECO's stranded costs.  Does this answer your question?  I looked over dockets, etc. before contacting Daniel and hadn't found anything specific to ICAP deficiency charges. 

Jennifer 
 -----Original Message-----
From: 	"Daniel Clearfield" <dclearfield@wolfblock.com>@ENRON [mailto:IMCEANOTES-+22Daniel+20Clearfield+22+20+3Cdclearfield+40wolfblock+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Wednesday, August 15, 2001 11:15 AM
To:	Thome, Jennifer
Subject:	Re: Installed capacity def. charge and PECO

My contact, JR Rohrbaugh, called back. He says that ICAP was explicitily included in the market value of the plants in the model.  The yearly market value had an energy componet and a capacity componet with the assumption that the capacity was compensation for installed capacity.  This revenue, less incremental cost of running the plants was the annual cash value of the plants which was then present valued.  That number less the book value was the stranded cost of the generation assets.   Hope this helps.  If Jim wants to talk to JR directly I have his number or e-mail.
>>> <Jennifer.Thome@enron.com> 08/14/01 06:50PM >>>

   Daniel:

   At Jim Steffes' request, I am trying to determine the following - of the
   stranded costs sought by PECO in its original restructuring plan, what
   portion was for installed capacity deficiency charges?  I have read over
   a number of dockets, but haven't found mention of this.  I greatly
   appreciate your assistance.

   Jennifer
   713-345-3550







**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
**********************************************************************

Daniel Clearfield, Esq.
Wolf, Block, Schorr and Solis-Cohen LLP
212 Locust St., Suite 200
Harrisburg, PA  17101
(717) 237-7173
(717) 237-7161 fax