On the trigger, our system calculates as follows:

NX1 (Jan 2000)  $6.016
Trigger price               - $5.180
Trigger credit  $0.836

Trigger credit            $0.836
Scheduled volume       x465,000
Credit to invoice  $388,740.00

Southwest Gas is saying that the trigger credit should be on the physical 
flow, not the scheduled volume.  Can you please advise.

Thanks
Laurie




Jane M Tholt@ECT
01/25/2001 09:51 AM
To: Laurie Ellis/NA/Enron@ENRON
cc:  

Subject: Re: December Gas  

price on the 7th was 9.55
I don't understand the trigger question.  We need to get the back-up on the 
penalty.  Patti needs to give you info regarding a penalty we wanto tocharge 
them for February.  Please get with her ondetails.