Conclusions of Law
16. The settlement agreement filed by Cal Am and DRA is reasonable in light of the whole record, consistent with the law, in the public interest and should be adopted.
17. The settlement should not be construed as precedent or policy of any kind in this or future proceedings.
18. An ROE of 10.15% is reasonable in light of the whole record, consistent with the law, in the public interest, and should be adopted.
19. We should not adopt Cal Am's consolidation proposal for the Larkfield and Sacramento districts.
20. Cal Am's figures for employee pensions and benefits expenses and regulatory expenses are reasonable and should be adopted.
IT IS ORDERED that:
1. The Motion of California-American Water Company and the Division of Ratepayer Advocates for adoption of the settlement agreements as to certain issues on the revenue requirements for Larkfield and Sacramento districts filed on July 6, 2007, and attached as Attachment A, is granted.
2. The Larkfield and Sacramento districts' revenue requirement tables, attached as Attachment B, are adopted.
This order is effective today.
Dated ___________________, at San Francisco, California.
INFORMATION REGARDING SERVICE
I have provided notification of filing to the electronic mail addresses on the attached service list.
Upon confirmation of this document's acceptance for filing, I will cause a Notice of Availability of the filed document to be served upon the service list to this proceeding by U.S. mail. The service list I will use to serve the Notice of Availability of the filed document is current as of today's date.
Dated March 25, 2008, at San Francisco, California.
/s/ ELIZABETH LEWIS |
Elizabeth Lewis |
