IT IS ORDERED that:

The Motion for Order Instituting Rulemaking on Standards of Conduct for Marketing Affiliates, filed by Enron Capital and Trade Resources, New Energy Ventures, Inc., the School Project for Utility Rate Reduction, the Regional Energy Management Coalition, The Utility Reform Network, Utility Consumers’ Action Network, and XENERGY, Inc., is granted as contained in Rulemaking 97-04-011.

This order is effective today.

Dated April 9, 1997, at San Francisco, California.

P. GREGORY CONLON

President

JESSIE J. KNIGHT, JR.

HENRY M. DUQUE

JOSIAH L. NEEPER

RICHARD A. BILAS

Commissioners