Thanks.

 -----Original Message-----
From: 	Lokey, Teb  
Sent:	Monday, October 01, 2001 12:59 PM
To:	Cady, Rachel; Coon, Galen
Subject:	RE: Question

The imbalance becomes part of thecumulative imbalance subject to book-out/cash-out.  The alert day imbalances are treated differently - the alert day imbalances are settled at 200% of the high (weekly) index for overburns on an overage alert day and 50% of the low ( weekly) index for underburns on an underage alert day.

 -----Original Message-----
From: 	Cady, Rachel  
Sent:	Monday, October 01, 2001 12:48 PM
To:	Lokey, Teb; Coon, Galen
Subject:	FW: Question

I'm not sure how the mechanics work on OFOs.  I know that there is an OFO penalty bucket.  The customer is charged $10/dth that he is over/under the scheduled quantity.  Section 13A doesn't address how the imbalance on an OFO day is treated but 13.A.5 that states that after Pack/Draft, Alert Day, MSS... are calculated the rest of the imbalance is cumulated into the operator account for the monthly total(should I assume the OFO balance is included in the monthly total?).

In an underage or overage OFO the customer is charged the $10 for the under or over burned amount. Assuming that the customer was in penalty he has to pay $10/dth, but does the imbalance on the OFO day become part of the cumulative monthly balance that the customer can book/cashout?

Teb, is this correct?

Galen, can you have Larry Hill go behind the scene and to see how it was programmed (I know it's a busy day for invoicing but sometime this week?).

Thanks.

 



 -----Original Message-----
From: 	"Virgilio, David" <David.Virgilio@constellation.com>@ENRON [mailto:IMCEANOTES-+22Virgilio+2C+20David+22+20+3CDavid+2EVirgilio+40constellation+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Monday, October 01, 2001 11:32 AM
To:	Cady, Rachel
Subject:	Question

Rachel,

To recap one question/answer:

In an OFO situation, the customer faces a $10/Dth penalty.  What happens to
the volume imbalance?  Is it immediately cashed-out as with the Overage
Alert Day, or does it hit the monthly imbalance for cash-out/book-out?

Do I have it right by saying that in an Alert Day situation, the volume is
immediately cashed-out daily?

When you get a minute, please advise.  Thank you!

David

____________________________
David Virgilio, Associate
Natural Gas Scheduling
Constellation Power Source, Inc.
111 Market Place, Suite 500
Baltimore, MD  21202
410-468-3804, Scheduling Desk
410-468-3844, Direct
410-468-3540, Fax
http://www.powersrc.com


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