I put it together from notes on the PG&E web site.  I may ask Roger to review.

Jim

 -----Original Message-----
From: 	Curry, Wanda  
Sent:	Wednesday, November 14, 2001 9:23 AM
To:	Steffes, James D.
Subject:	RE: PG&E PX Credit Calculation 

where did you get this?  From Roger?

Wanda

 -----Original Message-----
From: 	Steffes, James D.  
Sent:	Wednesday, November  14, 2001 9:22 AM
To:	Dasovich, Jeff; Tribolet, Michael; Curry, Wanda; Mellencamp, Lisa; Jan Paul Acton (E-mail); Swain, Steve; Mara, Susan; Comnes, Alan
Subject:	PG&E PX Credit Calculation 

Attached is a summary of PG&E's notes on how they calculate the PX Credit (until January 19, 2001 when they hardwired $150/mwh).  We continue to try and get a handle on how the FERC Refund case will impact the PX Credit and Negative CTC.  If anyone has any issues or comments, please let me know.  

Thanks.

Jim

 << File: PG&E PX Credit Calculation.doc >>