6. Conclusion

We conclude by reminding PG&E, Joint Parties and other interested parties of our reasons for embarking upon our dynamic pricing initiative in the first place. The Commission articulated a comprehensive demand response policy in its 2003 Vision Statement. In that statement, the Commission stated that electric customers should have "the ability to increase the value derived from their electricity expenditures by choosing to adjust usage in response to price signals" as customers are equipped with advanced meters as a result of the Commission's AMI decisions. Our policy remains unchanged, and thus the basis for moving forward remains unchanged as well. In the several instances since the issuance of D.08-07-045 where we modified the details of IOU implementation schedules, we acknowledged the complexities of the undertaking, and typically granted additional time, or a simplified approach, accordingly. Nevertheless, our underlying conclusions, that this approach is not only necessary but will ultimately benefit California ratepayers, remain unchanged.