VIII. Utility Specific Balancing Accounts

The utilities recommend the establishment of utility specific balancing accounts that would track the revenues received by DWR from the customers of each utility against DWR's costs (or revenue requirement) for those same customers. (See, e.g., SDG&E Opening Brief, pp. 37-38, SCE Opening Brief, pp. 46-47.) DWR has indicated that it is willing to create and maintain these accounts. We direct the three utilities to work with DWR to work out the details of implementing utility specific balancing accounts, consistent across all three utilities, and in compliance with all applicable statutes. The three utilities and DWR should coordinate with Energy Division staff in developing the details of the utility specific balancing accounts. The utilities shall submit advice letters within 75 days of this decision, describing the utility specific balancing accounts and how they work.