Group,

El Paso Electric is "lending" power to us on Monday. We have sold 15 mws for HE 7-22 to ST-SW at $62.50.  We are paying El Paso $4 for the service to borrow from their system.   The sale to ST-SW is under the ST-WBOM book (#696314), the purchase from EPE is also under the WBOM book (deal #696315-note the price will be changed from $56 to $4 on Monday).  Please buy energy to cover this 15 mw short on Monday under the ST-WBOM book and sell to EPE at $0 under the ST-WBOM book.  The deal is physically prescheduled going out from EPE.  We need to schedule the 15 mw going to EPE.  Please do NOT buy from EPE in the morning even though they may be fat.  We hope to do more lending with EPE going forward and therefore need to make this as easy as possible for their dispatchers (Do not bring up lending to them-it will lead to unnecessary confusion.)  If you have any questions concerning this procedure please call me. 503-887-3449 (c) or 503-274-0502 (h).

Thanks,
Bill