Assignment of Proceeding
Michael R. Peevey is the Assigned Commissioner and David K. Fukutome is the assigned Administrative Law Judge in this proceeding.
1. There is no opposition to this application.
2. A public hearing is not necessary, as confirmed in D.02-05-008.
3. SDG&E's 2005 forecast of supply resources is reasonable.
4. SDG&E's proposed 2005 market proxy price of $53/MWh is reasonable.
5. SDG&E's 2005 forecast of ERRA expenses is reasonable.
6. SDG&E's forecast of the 2005 ERRA revenue requirement is reasonable.
7. SDG&E's 2003 revenue, excluding DWR revenues, is $600,261,657. Consequently, for evaluating under-collections and over-collections in SDG&E's ERRA for 2004, the 5% threshold amount is $30,013,083 and the 4% threshold amount is $24,010,466.
8. Based on a 5% threshold amount of $30,013,083 for 2004, there is no need, at this time, for any rate changes associated with the ERRA trigger mechanism.
9. SDG&E requests that certain information contained in its testimony, and alleged to be confidential, placed under seal.
1. The 2005 ERRA revenue requirement forecast as reflected in SDG&E's application and supporting testimony should be adopted.
2. For evaluating undercollections and overcollections in SDG&E's ERRA for 2005, the 5% and 4% threshold amounts should be calculated by SDG&E and reflected in its ERRA tariff as soon as the relevant 2004 revenue information becomes available.
3. Certain information contained in SDG&E's testimony should be placed under seal, because, if disclosed, it would put SDG&E at a competitive disadvantage.
4. Today's order should be made effective immediately.
IT IS ORDERED that:
1. A 2005 Energy Resource Recovery Account (ERRA) revenue requirement of $301,106,000 is adopted for San Diego Gas & Electric Company (SDG&E).
2. For evaluating undercollections or overcollections in SDG&E's ERRA for 2005, SDG&E shall make the appropriate calculations and reflect the revised 5% and 4% threshold amounts in its ERRA tariff as soon as the relevant 2004 revenue information becomes available.
3. The Direct Testimony of Mike McClenahan, SDG&E, is identified as Exhibit 1, and the redacted version, is identified as Exhibit 1-R. The Direct Testimony of Thomas L. Whelan, SDG&E, is identified as Exhibit 2, and the redacted version, is identified as Exhibit 2-R. Exhibits 1, 1R, 2 and 2R are received into evidence.
4. Exhibits 1 and 2 shall be placed under seal and shall remain sealed for a period of one year from the effective date of this decision, unless the Commission decides otherwise. If SDG&E believes that further protection of sealed information is needed beyond one year after the effective date of this order, it may file a motion stating the justification for further withholding of the sealed information from public inspection, or for such other relief as the Commission may provide. This motion shall be filed no later than 30 days before the expiration of this ordering paragraph.
5. Application 04-10-007 is closed.
This order is effective today.
Dated _____________________, at San Francisco, California.
