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I've attached it. | dev33 |
Alan could you see if it's included in the decision? | dev33 |
If not, I can poke around more. | dev33 |
Thanks. | dev33 |
Best, Jeff | dev33 |
Steve: Here's the info for tomorrow's call. | dev33 |
Thanks for making the time. | dev33 |
Talk to you then. | dev33 |
Best, Jeff 12:00 CDT Call with Dick Anderson (EBS Tax), Steve Bowen and Dan Clearfield re: using a c-corp vs. an LLC for our CLEC | dev33 |
FYI. | dev33 |
Just learned that California's key small consumer group, TURN, will be sending a letter to the PUC saying that it would be a violation of due process to issue on Thursday the sorts of orders the PUC is comtemplating without first giving folks a chance to comment. | dev33 |
Just got off the call with the California stakeholders. | dev33 |
The group's trying to come up with a solution and today's call was a challenge. | dev33 |
Edison threw new demands on the table that effectively ended any chance for a deal today. | dev33 |
Appears that at this point that anything more than a 10% rate increase is out of the question politically for the Governor, and the utilities are very unhappy about it. | dev33 |
Consumer groups are already balking publicly at the 10% increase reported in the press. | dev33 |
The meeting effectively ended when Edison announced that, in response to New West turning back their customers, Edison plans to file a proposal with the Commission this week that would require all returning customers to pay the spot price for energy. | dev33 |
The large customer groups blew their tops and that pretty much ended the call. | dev33 |
The group agreed to meet again on Friday, after the PUC business meeting on Thursday. | dev33 |
Best, Jeff | dev33 |
Thanks for the effort. | dev33 |
Not looking so great. | dev33 |
We should keep plugging away, however. | dev33 |
Trucks with bullhorns? | dev33 |
Best, Jeff | dev33 |
don't even worry about it. | dev33 |
i didn't feel jumped on at all. | dev33 |
the debate has turned about 100% political with very little rational economic thought present, unfortunately. | dev33 |
Thanks. | dev33 |
These are the portions of the deal that I've been highlighting as problematic for us with the settlement group for the past few weeks. | dev33 |
The group knows that unless there's some compromise on these points in a way that directly addresses our concerns, we won't be signing anything. | dev33 |
After yesterday's call, at which Edison blew the meeting up, there's no deal in sight in the immediate term. | dev33 |
No thanks necessary. | dev33 |
My pleasure. | dev33 |
I'll report back with what happens this afternoon. | dev33 |
Best, Jeff P.S. | dev33 |
You run a damned good meeting. | dev33 |
FYI. | dev33 |
This article tracks well with the information we've thus far received and that I passed along on the call this morning. | dev33 |
Bob: I want to let you know that I stand in awe of someone who has the balls to open for someone as talented as Dan B. It demonstrates that you're one talented guy yourself. | dev33 |
Congratulations. | dev33 |
Your show was great, and it was good to see you. | dev33 |
Best of luck on the rest of the tour. | dev33 |
Best, Jeff | dev33 |
Thanks a million for the summary. | dev33 |
In the flurry, I accidentally deleted it. | dev33 |
Could you re-send. | dev33 |
It's STILL a jungle out there. | dev33 |
Best, Jeff | dev33 |
I've been notified that the California Commissioner has cancelled the meeting with stakeholders that had been scheduled for this afternoon. | dev33 |
He'd scheduled it to discuss what the order the Commission intends to issue on Thursday might look like. | dev33 |
It signals, at this point, that the utilities continue to have a difficult time reaching agreement with the administration. | dev33 |
Will get back with more as it develops. | dev33 |
Jeff | dev33 |
Dude, you may have taken her charger cord! | dev33 |
She can't find hers. | dev33 |
Do you have two now? | dev33 |
Ditto on your comment re: the man versus him music. | dev33 |
The personality is way, way out front. | dev33 |
you bet. | dev33 |
Helps a lot having you identify the interests. | dev33 |
So please continue doing that. | dev33 |
I'll keep you up on what's happening as it happens. | dev33 |
Heres' the file. | dev33 |
Again, we used it, in the end, to justify having the utilities go out, now, and fill 10-15% of their net short position with 5 and 10 years deals. | dev33 |
The group agreed, though there's still discussions about the percentage (higher?) and the mix (5 and 10 year deals?; 3, 5, 10 year deals?)--you get the picture. | dev33 |
The guy from Edison who's been participating in the talks and agreed with our approach (understanding that the percentage and baskets are still negotiable) is John Fielder, SVP of regulatory affairs. | dev33 |
Good luck. | dev33 |
Best, Jeff | dev33 |
January 5th, not December 5th. | dev33 |
I'm glad to see that someone besides me writes down the wrong date once in a while. | dev33 |
I paged you yesterday with the info on size, construction start and in-service dates. | dev33 |
You get it? | dev33 |
Couple of very minor suggestions, and I filled in the online date for | dev33 |
I don't have it. | dev33 |
do you need it soon? | dev33 |
sounds like you'll be getting a subpoena! | dev33 |
you co-conspirator you. | dev33 |
email is: charryl@pacbell.net | dev33 |
FYI. | dev33 |
I'll be out the week between Xmas and the New Year. | dev33 |
thank you. | dev33 |
that's it! | dev33 |
Sorry about that. | dev33 |
I don't think that I'm in on the 1 pm conference call. | dev33 |
Best, Jeff | dev33 |
Mark: Here's the info Size = 500 MW Purchase price = $42 MM (sold to Calpine) Permit status at time of sale = all permits had been obtained One note: while we had gas and electric interconnection agreements ready to execute, Calpine told us not to and they arranged those for themselves. | dev33 |
If there's anything else that you need don't hesitate. | dev33 |
Happy holidays. | dev33 |
Best, Jeff | dev33 |
Status report: Utility solvency Status report: EBS in California | dev33 |
Paul Kaufman phoned with the following brief report from the Western Governor's Association "Energy Summit" that took place today. | dev33 |
Paul will follow up with more detail when he gets back to a computer. | dev33 |
The governors issued the following recommendations: California should immediately implement FERC's order issued last Friday and aggressively pursue all available DSM and conservation opportunties. | dev33 |
The Western region should likewise be much more aggressive in identifying and implementing DSM and efficiency opportunities. | dev33 |
Increase supply as soon as possible. | dev33 |
FERC should do an investigation into the potentially negative effects that price caps can cause in the industry. | dev33 |
FERC should add to its investigations an investigation into what caused the price spikes in the first week of December. | dev33 |
Work with the Bush transition team to make sure that someone from the new administration is focused on the issue. | dev33 |
Hoecker said that he is not inclined to impose a region-wide cap until California takes the actions it needs to take to help alleviate the situation (e.g., reforming regs governing utility forward contracts). | dev33 |
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