Common Contracts

1 similar Letter Agreement contracts

Contract
Letter Agreement • February 28th, 2002 • California

As authorized under the Act and other authorizing acts, commencing on the last SCE cost responsibility hour on January 17, 2001, CDWR has procured electric energy to serve SCE’s retail load that has not been, and is not, served by SCE generation resources and contracts. The Parties wish to clarify the allocation of financial responsibility for the cost of a portion of such procured electric energy constituting Imbalance Energy and further clarify the allocation of financial responsibility for the Other ISO Invoiced Charges. This Letter Agreement allocates financial responsibilities for disputed items noted in CDWR’s December 7, 2001 FERC Request for Rehearing (“Request for Rehearing”) and costs due and payable with respect to the ISO Invoiced Charges, and the Parties are entering into this Letter Agreement to fully and finally settle the outstanding disputes noted in CDWR’s Request for Rehearing as such disputes relate to SCE; provided, however, nothing in this Letter Agreement is inte

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