IX. Assignment of Proceeding
Geoffrey Brown is the Assigned Commissioner and Douglas Long is the assigned ALJ in this proceeding.
1. Balancing accounts have an associated expectation of recovery. They have been pre-authorized by the Commission, and it is the amounts - and not the creation of the accounts themselves - that the Commission reviews for reasonableness.
2. Memorandum accounts are accounts in which the utilities book amounts for tracking purposes. While the utilities may later ask for recovery of the amounts in those accounts, recovery is not a given.
3. The reasonable costs recorded in these Balancing and Memorandum Accounts were eligible for recovery during the rate freeze period.
4. The Commission did not conclude these proceedings in a timely fashion during the rate freeze.
5. The applicable ratemaking mechanisms as originally proposed by PG&E and Edison are not longer in existence. There are, however, new and other still-functioning mechanisms that may be used to close the now-defunct balancing and memorandum accounts.
6. Admission of Edison's additional late-filed exhibit on the accounting treatment for the Edison v. Lynch Settlement does not adversely affect the outcome of this proceeding.
7. Edison credited a $55.745 million net overcollection to ratepayers in its PROACT account consistent with the settlement in Edison v. Lynch and Resolution E.-3765.
8. Edison's cost recovery for certain accounts can be made in currently effective balancing accounts and other ratemaking mechanisms including the PBR EDAM, PPPAM, NDAM, and the ERRA as a part of the ongoing regulatory oversight applicable to those mechanisms.
9. Use of the three-month commercial paper interest rate to calculate interest on refunds to ratepayers is consistent with established Commission ratemaking practices.
10. Edison's Kramer-Victor account has already been closed by D.00-06-054 and further action is not required in this decision.
1. AB 6X has superseded the provisions of AB 1890, which would have put PG&E and Edison at risk for uneconomic generation-related costs.
2. The Commission may lawfully authorize recovery.
3. PG&E and Edison are entitled to recover their reasonable costs.
4. PG&E has shown its costs have been recovered in other proceedings that closed certain accounts and by the continuation of eleven other accounts. PG&E's application is therefore moot.
5. Edison can reasonably recover the outstanding balances in defunct accounts by transferring the balances to currently active accounts including the PBR EDAM, PPPAM, NDAM, and the ERRA in lieu of the now closed TRA, TCBA, and other transitional ratemaking mechanisms from the AB 1890 industry restructuring.
6. Edison reasonably refunded a $55.745 million net overcollection to ratepayers.
IT IS ORDERED that:
1. Application (A.) 00-03-038 filed by Pacific Gas and Electric Company is moot and is closed, except for intervenor compensation requests.
2. Southern California Edison Company (Edison) shall file an advice letter revising its preliminary statement in conformance with this decision and as prescribed in General Order 96-A. The advice letter shall eliminate accounts modify the Edison's Preliminary Statement as approved in this decision. The advice letter shall be effective when approved by the Energy Division.
3. Hearings are not necessary.
4. Edison's A.00-03-047 is closed, except for intervenor compensation requests.
This order is effective today.
Dated , at San Francisco, California.
APPENDIX A
LIST OF APPEARANCES
************ APPEARANCES ************ Administrative Law Judge Division |
James M. Lehrer |
(END OF APPENDIX A)
