We adopt a gas market structure that is virtually the same as the Gas Accord structure that has been in place since March 1, 1998, and as changed by the other decisions mentioned in this decision. PG&E's transmission and storage systems shall be subject to the adopted gas market structure for 2004 and 2005. The adopted gas market structure balances the competing interests of the utility, wholesale and retail customers, shippers, and marketers.
This decision also adopts a revenue requirement of $436,397,000 for PG&E's gas transmission and storage system for 2004. The revenue requirement is based on the various proposals and adjustments adopted in today's decision.
PG&E shall file an advice letter containing its rate tariffs within five days of today's date. The tariffs shall be consistent with, and comply with the adopted revenue requirement, the adopted adjustments, the proposals adopted in this decision, and the cost allocation and rate design methods adopted in this decision. PG&E shall also operate its transmission and storage operations in accordance with today's decision.
The rate tariffs shall be reviewed by the Energy Division for compliance with this decision, and shall go into effect January 1, 2004. The rate tariffs are subject to protest, and such protests shall be filed within ten days after the advice letter has been filed. PG&E shall serve the advice letter seeking approval of such rate tariffs by e-mail and by mail to the service list to this proceeding. If a protest to the advice letter filing requesting the rate change is filed, the rate(s) shall remain in effect unless a Commission resolution or decision rescinds, suspends, or changes the rate(s).