VII. Conclusion

AB 1890 had allowed PG&E and Edison to recover generation-related costs incurred during the freeze while the rate freeze was still pending, but put them at risk for the recovery of such costs in market-based rates after the rate freeze ended. Subsequently, the enactment of AB 6X superseded AB 1890 and restored the Commission's ratemaking authority over these generation-related costs. Therefore, PG&E and Edison were no longer at risk for the recovery of these costs.

PG&E's A.00-03-038 is moot: the relief sought has been effectively granted elsewhere and the application should be closed.

Edison is still entitled to the relief it originally sought in A.00-03-047 and subsequent events have not rendered its application moot. Edison has already disposed of all but two of the account at issue. This decision allows Edison to recover the current balance in these remaining two accounts, the Block Forward Market memorandum Account and the PX Credit Audit Memorandum Account. This decision allows Edison to close the various accounts and transfer the accumulated account balances to the most appropriate active account where the balances will be subject to reasonableness review as a part of those accounts' ongoing regulatory oversight.