ALJ/UNC/eam Date of Issuance 3/29/2012

Decision 12-03-048 March 22, 2012

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

In the Matter of the Application of Golden State Water Company on behalf of its Bear Valley Electric Service Division (U913E), for Approval of Booked RPSMA Costs and Recovery of the Costs in Rates.

Application 11-06-002 (Filed June 1, 2011)

PROPOSED DECISION GRANTING BEAR VALLEY ELECTRIC SERVICE RECOVERY OF RENEWABLES PORTFOLIO STANDARD-RELATED
COSTS AND ASSOCIATED INTEREST

1. Summary

This decision grants Bear Valley Electric Service, a division of Golden State Water Company:

(A) Recovery of $1,249,330 in incremental Renewables Portfolio Standard legal and outside service costs recorded in Bear Valley Electric Service Division's Renewables Portfolio Standard Memorandum Account (RPSMA) for the period September 1, 2007 through March 31, 2011;

(B) Recovery of $6,536 in interest costs recorded in the RPSMA for the period of September 1, 2007 through March 31, 2011; and

(C) Recovery of interest costs accrued to the effective date of this decision in accordance with the interest calculation methodology approved in Bear Valley Electric Service Division's RPSMA.