1 Market Operations Presentation Board of Director’s Meeting April 19, 2005
2 Agenda Overall Activity Migration From Native AREPs Performance Measures (Quarter Only) Reliability Services Balancing Services Congestion Management Services Retail Activity Wholesale Activity Other Items
3 Overall Activity Transaction Type Switches1,738,657 Move - Ins6,069,330 Move Out3,493,949 CSA1,043,237 Drop to POLR300,256 Total12,645,429 Compared to Last Month 331,920 Retail Transactions Summary As of Monday, February 28, 2005 since June 1, 2001
4 Residential Small Non-Residential Large Non-Residential Migration from Native AREP % of ESI IDs 15% 18% 55% 21% 27% 62% 26% 69% 67% % of Load * at at at * % of Peak Demand on
5 Reliability Services 02/28/0502/29/ Market Perspective: Approximate Retail Market (at $.10/kWh PTB) $4,255.24,282.11,990.52,072.0 Volume (GWh)42,55242,82119,90520,720 % Increase-0.6%-3.9% Natural Gas Price Index ($/MMBTU) % Increase7.4%13.7% RMR: RMR Capacity and Start Up RMR Energy BENA Credit Net RMR Other Capacity Services: Replacement Reserve0.0 Reg Up and Down Responsive (Spinning) Reserve Non-Spinning Reserve Black Start TOTAL RELIABILITY SERVICES$ YTD ($'s in millions) February ($'s in millions)
6 Balancing Services 02/28/0502/29/ Market Perspective: Approximate Retail Market (at $.10/kWh PTB) $4,255.24,282.11,990.52,072.0 Volume (GWh)42,55242,82119,90520,720 % Increase-0.6%-3.9% Natural Gas Price Index ($/MMBTU) % Increase7.4%13.7% Balancing Energy: Balancing Energy - Up$ % Increase 63.6%39.6% Up (GWh)1,469.01, % Increase 45.4%28.7% % of Market 3.5%2.4%3.1%2.4% Balancing Energy - Down-$ % Increase -42.9%-29.8% Down (GWh) , % Increase -35.8%-27.1% % of Market1.8%2.8%2.0%2.7% YTD ($'s in millions) February ($'s in millions)
7 Congestion Management Services
8 Other Items Added RepsAdded QSEs Stream Gas & Electric Vantage Power Services Affordable Power Plan Bank of America Formosa Utility Venture Affordable Power Plan Commonwealth Energy d/b/a Electric America ExxonMobil Power & Gas Urban Energy Source Vantage Power Services