----- Forwarded by Jeff Dasovich/NA/Enron on 04/24/2001 05:19 PM -----

	Robert C Williams/ENRON@enronXgate
	04/24/2001 08:47 AM
		 
		 To: Richard Shapiro/NA/Enron@Enron, James D Steffes/NA/Enron@Enron, Harry 
Kingerski/NA/Enron@Enron, mday@gmssr.com@SMTP@enronXgate, Jeff 
Dasovich/NA/Enron@Enron
		 cc: Wanda Curry/HOU/EES@EES, Vicki Sharp/HOU/EES@EES, Mike D 
Smith/HOU/EES@EES
		 Subject: FW: DA Account Balances

As you can see from below, I don't see how we can support the PE Advice 
Letter.  We reserved our right to oppose it in the stip.  I think we should 
clarify that SCE will acknowledge our full claim ($124 million) without any 
offset in exchange for our cooperation with the MOU.

 -----Original Message-----
From:  Megan.Scott-Kakures@sce.com@ENRON 
[mailto:IMCEANOTES-Megan+2EScott-Kakures+40sce+2Ecom+40ENRON@ENRON.com] 
Sent: Monday, April 23, 2001 2:52 PM
To: Williams, Robert C.
Cc: Jennifer.Tsao@sce.com
Subject: DA Account Balances

Attached is our record of credit balances for Enron DA accounts, as of
April 20.  The $84 million or so I referenced this morning is our
calculation of what SCE owed through 1/18.  If the PE credit methodology is
approved and applied back to January 19, then Enron would be rebilled for
$68 million (for transmission and distribution charges), which offset
against the earlier credit and the credit calculated for 1/19 - 4/20,
reduces the total credit owed to $62 million.

As we discussed, Jenny is more familiar than I with the details of the
credits and will call you back with someone from our Billing/Credit group
who is even more familiar.

(See attached file: Enron PX Credits as of 4-20-01.xls)
 - Enron PX Credits as of 4-20-01.xls