ALJ/EDF/jt2 Date of Issuance 4/20/2009

Decision 09-04-021 April 16, 2009

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

Application of San Diego Gas & Electric Company (U902E) for Adoption of its 2009 Energy Resource Recovery Account (ERRA) Revenue Requirement Forecast and Review of its Power Procurement Balancing Account.

Application 08-10-004 (Filed October 1, 2008)

DECISION ADOPTING SAN DIEGO GAS & ELECTRIC COMPANY'S 2009 ENERGY RESOURCE RECOVERY ACCOUNT REVENUE
REQUIREMENT FORECAST AND REVIEWING ITS
POWER PROCUREMENT BALANCING ACCOUNT

Summary

In this decision, we adopt San Diego Gas & Electric (SDG&E)'s amended 2009 Energy Resource Recovery Account (ERRA) forecast load, available resources, and costs; approve SDG&E's amended forecasted 2009 ERRA revenue requirement, as modified by the parties; and direct that, effective January 1, 2010, SDG&E shall be allowed to include its year-end ERRA balance in rates on January 1 of each year through the annual electric regulatory account update filing, provided that said balance is below the 5% ERRA trigger threshold. The adopted forecasts consist of $874.555 million of 2009 ERRA forecast revenue requirement, $44.414 million of 2009 forecast ongoing Competitive Transition Charge revenue requirement, and a 2009 market benchmark price of $70.48/megawatt-hour (including distribution line losses).