The Prehearing Conference (PHC)

At the PHC held on September 16, 2009, PG&E modified its bill credit plan by eliminating all conditions to its refund and proposed to issue a one-time bill credit to amortize the expected year-end ERRA overcollection of $424.4 million. The only remaining issue concerns the status of the eligible residential ratepayers; whether California Alternate Rates for Energy (CARE) and Tier 1 and Tier 2 ratepayers should participate in the refund because their rates have been frozen for many years.