IX. Oral Argument and Comments on the Proposed Decision

The proposed decision was mailed on November 18, 2003 for consideration at the Commission's December 18, 2003 agenda. Under the provisions of Rules 77.2-77.5, parties filed comments on the proposed decision on December 8, 2003 and reply comments on December 15, 2003.¹¹⁹

An oral argument before the Commissioners was held on December 2, 2003 and the Commission addressed issues needing resolution prior to January 1, 2004 in D.03-12-062.

We have reviewed the comments filed on the remaining issues and made changes where appropriate. The major areas of revision are in reserve requirements, QFs policy, 2005 operating authority, long term planning assumptions, affiliate transactions, and confidentiality.