1. NAESB OASIS 1A Subcommittee Wendy Weathers, Chair ESS Meeting May 2005 Resale Recommendation

2. Wendy Weathers, SRP5/11/05Slide 2 Summary of Business Practice Subcommittee drafted business practice in response to R04006-D to address Section 23 of Pro Forma Tariff (Sale or Assignment of Transmission Service) S&CP Changes will be the next step Business practice creates two Request types: Resales: Sell Scheduling Rights Transfers: Sell All Rights

3. Wendy Weathers, SRP5/11/05Slide 3 Resale

4. Wendy Weathers, SRP5/11/05Slide 4 Resale TP ResellerAssignee Deal On OASIS Assignee $ Schedule On OASIS Reseller is also called an FOTC (Financially Obligated Transmission Customer)

5. Wendy Weathers, SRP5/11/05Slide 5 Service Attribute Review Type (PTP, Network) Increment (Yearly, Monthly, Weekly, Daily, Hourly) Class (Firm, Non-Firm) Window (fixed, sliding, extended)

6. Wendy Weathers, SRP5/11/05Slide 6 Resale ResellerAssignee PTP Monthly Non-Firm 6/1/05 –7/1/05 A resale will keep the attributes of the reservation being resold PTP Monthly Non-Firm 6/7/05 –6/8/05

7. Wendy Weathers, SRP5/11/05Slide 7 Resale Multiple reservations, IF combined into one resale, will take the service attributes of the lowest priority, shortest duration reservation PTP Daily Non-Firm Resv. 1 Reseller Resv. 2Resv. 3 Yearly Firm Monthly Firm Daily Non-Firm Assignee Resv. 4

8. Wendy Weathers, SRP5/11/05Slide 8 Redirect The Assignee may Redirect if allowed under the TPs Tariff The Assignee is responsible to the TP for any increase in charges The Assignee will receive any credit due for any decrease in charges The TP may require the Assignee to sign a Service Agreement Resale

9. Wendy Weathers, SRP5/11/05Slide 9 Renewal Rights The Assignee does not receive Renewal (Rollover) rights with a Resale. Resale

10. Wendy Weathers, SRP5/11/05Slide 10 Call-Back Upon mutual agreement, the Reseller may have the right to Call-Back a Resale This provision must be in writing The Resale must be designated as subject to Call-back on OASIS A reservation subject to Call-back may not be Redirected or Resold Resale

11. Wendy Weathers, SRP5/11/05Slide 11 Transfer

12. Wendy Weathers, SRP5/11/05Slide 12 Transfer TP ResellerAssignee Deal On OASIS Assignee $ Schedule On OASIS Reseller is also called an FOTC (Financially Obligated Transmission Customer). After the transfer is complete, the Assignee becomes the FOTC. $ Approval

13. Wendy Weathers, SRP5/11/05Slide 13 Transfer Reseller OK Not OK 2005 2006 Transfer 1 Transfer 3 Transfer 4 Transfers may be in Yearly or Monthly increments only. Renewal rights, if any exist, would transfer with Resale 2 but not Resale 1 Transfer 2

14. Wendy Weathers, SRP5/11/05Slide 14 Next Steps Discuss Can ok as is or make changes Complete S&CP Changes Post for comment or send to Executive Committee