Attached is a summary of PG&E's notes on how they calculate the PX Credit (until January 19, 2001 when they hardwired $150/mwh).
We continue to try and get a handle on how the FERC Refund case will impact the PX Credit and Negative CTC.
If anyone has any issues or comments, please let me know.
Thanks.

PG&E PX Credit Calculation
Attached is a summary of PG&E's notes on how they calculate the PX Credit (until January <NUMBER>, <NUMBER> when they hardwired <CUR><NUMBER>/mwh).
We continue to try and get a handle on how the FERC Refund case will impact the PX Credit and Negative CTC.
If anyone has any issues or comments, please let me know.
Thanks.
px credit negative case impact thanks handle ferc refund let know hardwired cur pg notes calculate ctc issues comments