10. Fees

Whenever the Commission authorizes a utility to issue debt and equity, the Commission is required by Sections 1904(b) and 1904.1 to collect fees for certificates of indebtedness and issues of stock.

The following table shows the calculation of the fee that CalWater is required to pay pursuant to Sections 1904(b) and 1904.1 for the equity and debt authorized by today's decision:

Fee on the First $1 Million ($2/$1,000 x 1,000)	$2,000
Fee on $1 Million-$10 Million ($1/1,000 x 9,000)	$9,000
Fee on $10 Million-$350 Million ($0.50/1,000 x 340,000)	$170,000
Total Fee on $350 Million	$181,000

CalWater shall remit the required fee of $181,000 to the Commission's Fiscal Office. The authority granted by today's decision shall not become effective until CalWater has paid the required fee.