Harry,  I spoke with Greg Manako with Exelon last week when you were on vacation.
He had the following comments regarding the HR options you were hearing about in the market place:  	1.
They are not sure of their long term perspective.
Thus, they are focusing on structures that are three years and less.
2.
They are interested in June-September only 	 	3.
They are flexible on the size of the transaction (100-500 MW?)
4.
They want to buy a 10-11 HR and sell a 6-7 HR.
5.
They would like a financially settled transaction.
6.
They would love hourly (virtual peaker) but would settle for daily.
Please let me know your level of interest.
I would like to get something back to them just to start discussions.
In addition,  I am ready to give MidAmerican Energy some indicative numbers whenever you get them.
Thanks,

Comed Heat Rate Options