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ALJ/DMG/avs Mailed 11/3/2009
Decision 09-10-046 October 29, 2009
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
Application of Pacific Gas and Electric Company to Recover Costs Related to the 2008 Wildland Fires Recorded in the Catastrophic Event Memorandum Account Pursuant to Public Utility Code Section 454.9. (U 39 E) |
Application 09-02-020 (Filed February 27, 2009) |
DECISION APPROVING SETTLEMENT
This decision approves a settlement between Pacific Gas and Electric Company and Division of Ratepayer Advocates in this Catastrophic Event Memorandum Account Application to allow recovery of $11.09 million, consisting of $8.01 million in capital costs and $3.08 million in expenses related to wildland fires in 2008. The revenue requirement resulting from these costs is $5.92 million in electric revenue requirements, including interest through December 31, 2010, franchise fees, and uncollectibles, to be recovered in rates in 2010, with any under or over collections of these amounts accruing to the associated balancing accounts.