I agree with Christi.

RH

-----Original Message-----
From: Nicolay, Christi L. 
Sent: Monday, December 17, 2001 1:53 PM
To: Steffes, James D.; Herndon, Rogers; Presto, Kevin M.; Davis, Mark
Dana; Padron, Juan
Subject: FW: NYISO - Committee Membership - 2002 Annual Fee Notice 


If we don't pay this $5000 invoice, we still maintain our ability to participate in the NY ISO markets/transmission, etc. (subject to our other collateral issues).  We would, however, lose the ability to vote on market design, governance, attend committee meetings as a member, etc.  We simply pay the $5000 to get "reinstated" if we choose to begin participation during the year.

I doubt that we should pay this $5000, but let me know.

-----Original Message-----
From: Fromer, Howard 
Sent: Friday, November 16, 2001 3:58 PM
To: Nicolay, Christi L.
Subject: FW: NYISO - Committee Membership - 2002 Annual Fee Notice 


Christi: Just wanted to alert you to the attached. I will be getting our 2002 annual bill for $5,000.00 for membership in the NYISO the week of Nov. 26th. I'll forward it to you for processing as soon as I get it. Regards. Howard

-----Original Message-----
From: kkranz@nyiso.com [mailto:kkranz@nyiso.com]
Sent: Friday, November 16, 2001 2:54 PM
To: Market_Relations/NYISO@nyiso.com
Subject: NYISO - Committee Membership - 2002 Annual Fee Notice 


Dear ISO Committee Members,

There is an annual fee associated with ISO Committee
membership.  The invoice for the 2002 membership fee will be
mailed, the week of November 26th, to your Organization's
Management Committee Representative.

The 2002 Membership fee is due by January 1, 2002.

Attached below, for your reference, is the list of MC representative's
to receive the invoice. Mailing and wiring information will be included
with the invoice.

The fee requirement is shown below for your reference.

Governance Application - Section 8. Fees
---> Governmental agencies that represent Small Consumers
       or act as retail Load aggregators primarily for Small Consumers: $0

---> Non-profit organizations representing Environmental Parties
      and Small Consumers: $100

---> Small Consumers that use:
     (a) from 0 to 499 MWH/YR:  $100
     (b) from 500 up to 1999 MWH/YR:  $500
     (c) from 2000 MWH/YR and up:  $1000

---> All other companies and organizations:  $5,000

If you have any questions, please call me.

Kristen Kranz
518-356-6186 - phone
518-356-7570 - fax

(See attached file: Annual Committee Membership Fee - Invoice List.pdf)