Looks OK for me.



	Lisa Lees
	10/31/2000 04:25 PM
		 
		 To: Tom Moran/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
		 cc: 
		 Subject: US Pwr Fin Swap (Weather Desk) EXTERNAL

We recommend that customer profiles for the new product type below be copied 
from US East Power Fin Swap.

Please let me know ASAP.  Thanks.


US Pwr Fin Swap  PJM DemPk 10/MW         Nov00           USD/MW

A US Power Demand Financial Swap Transaction with Enron North America Corp., 
under which the Seller is obliged to pay the Payment Amount to the Buyer 
where the Floating Amount is above the Strike Amount, or where the Buyer is 
obliged to pay the Payment Amount to the Seller where the Floating Amount is 
below the Strike Amount.  The Strike Amount is the amount in Megawatts 
submitted in the "price" field by Counterparty via the website. The Notional 
Amount is the product of the quantity submitted by Counterparty via the 
website and the Pay Unit. The Payment Amount is the product of (i) the 
Notional Amount and (ii) the absolute value of the difference between the 
Floating Amount and the Strike Amount.  The Payment Amount will be payable on 
or before ten (10) business days after the Floating Amount for the 
Calculation Period is determinable.
The Calculation Period is from and including the Effective Date of 01 Nov 
2000 (Initial Date) to and including the Termination Date of 30 Nov 2000 (End 
Date).
The Floating Amount shall be the arithmetic average of the hourly PJM loads 
for Peak hours on each Delivery Day during the Calculation Period. The 
Floating Amount shall be calculated utilizing the hourly integrated loads 
published by PJM Interconnection, LLC ("PJM") on its official web site 
currently located at ftp://www.pjm.com/pub/account/loadhryr/index.html, or 
any successor thereto, under the heading "PJM Hourly Load Data".
The price is quoted in US Dollars per unit of volume, which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be megawatts and 
the quantity shown shall be in total MWs.
The transaction is for on-peak ("Peak") hours on each Delivery Day beginning 
with the hour ending 0800 (7:00 am) and concluding with the hour ending 2300 
(11:00 pm) Eastern Prevailing Time.  "Delivery Day" means a day during the 
term of the transaction that is a Monday, Tuesday, Wednesday, Thursday, or 
Friday, excluding any day that is a NERC holiday.
The Pay Unit is 10 USD.