FYI.  The following language mirrors that which was used in the Sierra/PGE transaction.  Recall that FERC approved the transaction in an order issued last January/February.  

In short, we don't have an RTO/loss of market-based ratemaking authority issue.  

(1)	PGE/NNG will make an RTO commitment; and 
(2) 	In any event, FERC counsel informs us that FERC is unlikely to declare that we are an affiliate. 

-----Original Message-----
From: Ackerman, Susan [mailto:ska@nwnatural.com]
Sent: Thursday, October 04, 2001 4:16 PM
To: Kaufman, Paul
Subject: new RTO language


Paul, per my voicemail, OK to use RTO language like this:

NW Natural affirms PGE's comittment to a regional transmission organization
(RTO) as soon as it is formed with BPA as a member.  NW Natural and PGE's
preference is for the RTO to be a "for profit" entity.  

Call if you have questions