This may impact the requirement that VEPCO file - l'll let you know more when I talk to Sam
Elizabeth Sager
713-853-6349

 -----Original Message-----
From: 	"CATHERINE MCCARTHY" <CPMCCART@LLGM.COM>@ENRON [mailto:IMCEANOTES-+22CATHERINE+20MCCARTHY+22+20+3CCPMCCART+40LLGM+2ECOM+3E+40ENRON@ENRON.com] 
Sent:	Thursday, July 26, 2001 3:58 PM
To:	Sager, Elizabeth
Cc:	SAMUEL BEHRENDS
Subject:	FYI

Elizabeth,

   Sam and I thought that you would be interested in this.

Cathy

Revised Public Utility Filing Requirements, RM01-8-000

ACTION:  Notice of Proposed Rulemaking.
SUMMARY:  The Federal Energy Regulatory Commission (Commission) recognizes that the filing of individual service agreements and paper copies of quarterly market-based sales of electric energy is no longer the most effective means of meeting the requirements of the Federal Power Act (FPA).  Instead, this data must be collected and made publicly available in a manner which is both easily accessible and useful to the public.  To this end, the Commission proposes that each public utility under the FPA (public utility) would no longer file:  short-term or long-term service agreements for market-based sales of electric energy; service agreements for those generally applicable services, such as point-to-point transmission service, for which the public utility has a standard form of agreement under its tariff; and Quarterly Transaction Reports summarizing its short-term sales and purchases of power at market-based rates.  In lieu of the above listed filings, each public utility would file electronically with the Commission and post on its website an Index of Customers that contains a summary of the contractual terms and conditions in its service agreements for all jurisdictional services (market-based power sales, cost-based power sales, and transmission service); and transaction information for its short-term and long-term market-based power sales and cost-based power sales during the most recent calendar quarter.  Under the proposals in this NOPR, to the extent a public utility wishes to avoid filing service agreements for generally applicable services such as cost-based power sales or interconnection agreements, it would revise its tariff to include standard forms of service agreements for those services.  The NOPR also proposes to delete 18 CFR ?2.8, concerning the simplification of public utility rate schedule filings, as no longer necessary.


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 - RM01-8.000.WPD 
 - RM01-8.000.doc