fw conversation edison getting negative ctc paid chris calger 503 464 3735 original message dasovich jeff sent tuesday october 23 2001 3 02 pm shapiro richard steffes james mellencamp lisa tribolet michael sanders richard b kean steven j sharp vicki smith mike williams robert c curry wanda swain steve huddleson diann calger christopher f belden tim dietrich janet subject conversation edison getting negative ctc paid talked john fielder svp edison setting meeting barry tycholiz edison cfo hedging edison qf price risk fielder wanted talk negative ctc issue said plan settle esps pay pay everyone else iterated would sometime ql 02 edison holding firm notion negative ctc contributed utility undercollection esp share undercollection netted payables attributable negative ctc owed esp said propose net one two ways 1 lump sum netting e owe 50 mm share undercollection 30 mm pay esp 20 mm 2 future reductions px credit e pay esp 50 mm reduce px going forward 30 mm paid numbers illustrative addition said view decision going made 1 whether da customers pay stranded costs tied dwr l contracts 2 whether da customers pay going forward stranded costs tied qf contracts edison clearly lobbying puc get da customers pay costs recommended strongly de link issues 1 2 issue paying us asap owe us negative ctc agreed said puc judge recently issued pre hearing conference order requires edison meet confer esps prior nov 7 th hearing edison intends set something esps prior hearing fielder also point person getting esps paid intends initiate settlement discussions esps week next clear conversation edison going everything possible expense creditors maximize headroom settlement struck puc weeks ago edison stalemate qfs evidence assume anything different negative ctc issue questions let us know best jeff