SCE

Southern California Edison

All Dollars are in thousands

(A)

(B)

(C )*

(D)

(E)

(F)

(G)**

Target

First Earnings Claim

(B)(1) / (E)(1)

Second Earnings Claim

Third Earnings Claim

Fourth Earnings Claim

[(F)(1) - (B)(1)] / (B)(1)

1994

(1)

Performance Earnings Basis (PEB)

$107,479

$159,350

$145,525

$139,846

$143,067

(2)

Change in PEB from Previous Claim

$51,871

$(13,825)

$(5,679)

$3,221

% Change in PEB

+48%

114%

-9%

-4%

+2%

-10%

1995

(1)

Performance Earnings Basis (PEB)

$2,696

$5,391

$3,472

$3,467

NA

(2)

Change in PEB from Previous Claim

$2,695

$(1,919)

$(5)

% Change in PEB

+100%

155%

-36%

-0%

-36%

1996

(1)

Performance Earnings Basis (PEB)

$21,173

$56,145

$40,953

$39,993

NA

(2)

Change in PEB from Previous Claim

$34,972

$(15,192)

$(960)

% Change in PEB

+165%

140%

-27%

-2%

-29%

1997

(1)

Performance Earnings Basis (PEB)

$17,758

$69,520

$47,853

$46,084

NA

(2)

Change in PEB from Previous Claim

$51,762

$(21,667)

$(1,769)

% Change in PEB

+291%

151%

-31%

-4%

-34%

Notes:

The PEB information can be found on the respective utility program year Table E-1 for Shared Savings programs submitted in the Annual Earnings Assessment Proceedings.

* Percent of Total Ex Post Net Benefits (PEB) Captured by the First Earnings Claim.

** Percentage Difference In the Fourth/Third Earnings Claim PEB and the First Earnings Claim PEB Relative to First Earnings Claim PEB.

Program Year 1994 is based on the Fourth Earnings Claim PEB. All other years are based on the Third Year Earnings Claim PEB.


			Southern California Edison
			All Dollars are in thousands

		(A)	(B)	(C )*	(D)	(E)	(F)	(G)**
		Target	First Earnings Claim	(B)(1) / (E)(1)	Second Earnings Claim	Third Earnings Claim	Fourth Earnings Claim	[(F)(1) - (B)(1)] / (B)(1)
	1994
(1)	Performance Earnings Basis (PEB)	$107,479	$159,350		$145,525	$139,846	$143,067
(2)	Change in PEB from Previous Claim		$51,871		$(13,825)	$(5,679)	$3,221
	% Change in PEB		+48%	114%	-9%	-4%	+2%	-10%

	1995
(1)	Performance Earnings Basis (PEB)	$2,696	$5,391		$3,472	$3,467	NA
(2)	Change in PEB from Previous Claim		$2,695		$(1,919)	$(5)
	% Change in PEB		+100%	155%	-36%	-0%		-36%

	1996
(1)	Performance Earnings Basis (PEB)	$21,173	$56,145		$40,953	$39,993	NA
(2)	Change in PEB from Previous Claim		$34,972		$(15,192)	$(960)
	% Change in PEB		+165%	140%	-27%	-2%		-29%

	1997
(1)	Performance Earnings Basis (PEB)	$17,758	$69,520		$47,853	$46,084	NA
(2)	Change in PEB from Previous Claim		$51,762		$(21,667)	$(1,769)
	% Change in PEB		+291%	151%	-31%	-4%		-34%

	Notes:

	The PEB information can be found on the respective utility program year Table E-1 for Shared Savings programs submitted in the Annual Earnings Assessment Proceedings.
	* Percent of Total Ex Post Net Benefits (PEB) Captured by the First Earnings Claim.
	** Percentage Difference In the Fourth/Third Earnings Claim PEB and the First Earnings Claim PEB Relative to First Earnings Claim PEB.
	Program Year 1994 is based on the Fourth Earnings Claim PEB. All other years are based on the Third Year Earnings Claim PEB.