III. Request
PG&E seeks authority to increase its authorized ROE from 11.22% to 12.40% for its electric and gas utility distribution operations effective January 1, 2001. Approval of PG&E's requested ROE for 2001 would result in an increased overall rate of return by 63 basis points2 from 9.12% to 9.75% and require a revenue requirement increase of $72.3 million for its electric distribution operations and $23.2 million for its gas distribution operations.
2 One basis points equals 0.01%.
