latest legislative version direct access 08 22 01 following summary direct access provisions bill language released afternoon reflecting deal davis cut assembly things fluid provisions could change significantly informed large business customers met davis hertzberg staff staff agreed amend da provisions make considerably favorable customers suppliers also said favorable provisions respect self gen would also added bill said new amendments could come early tonite tomorrow morning bill may heard tomorrow note addition da provisions bill also includes provisions 1 explicitly recognize px credit part edison undercollection 2 permit edison pay debts associated negative px credit bill authorize edison pay power suppliers however leaves portion edison debt edison management shareholders address summary direct access provisions program would begin january 1 2003 unclear would happen da january 1 2003 presumably decision suspend would stay california puc 90 days effective date bill every 6 months thereafter dwr would provide information puc showing net short position every 6 months puc would hold open season permitting customers switch da 20 kw customers would 60 days decide switch puc announced open season 20 kw customers would 180 days customers switch da would responsible paying 1 customer proportionate share utility undercollection 2 customer proportionate share dwr receivables power previously delivered dwr yet fully paid customers addition number customers elect choose go da open season exceeds net short da customers pay proportionate share dwr stranded contract costs number da customers exceed net short position stranded contract cost fees would assessed best jeff