The subject costs of capital applications were filed by Southern California Edison Company (SCE), San Diego Gas & Electric Company (SDG&E), and Pacific Gas and Electric Company (PG&E). SCE requested authority to increase its 11.60% Return on Equity (ROE) to 11.80% for test year 2008. SG&E requested authority to increase its 10.70% ROE to 11.60% for test year 2006. PG&E requested authority to increase its 11.35% ROE to 11.70%.
By D.07-12-049, a test year 2008 ROE of 11.50% was adopted for SCE, 11.10% for PG&E, and 11.35% for PG&E.
SCE, SDG&E, PG&E, the Federal Executive Agencies (FEA), and the Division of Ratepayer Advocates (DRA), actively participated in this proceeding. Interveners Aglet, TURN and The Utility Consumers' Action Network (UCAN), collectively (ATU) actively participated in this proceeding jointly. Aglet-TURN jointly request compensation here. SCE filed a filed a March 20, 2008 response to Aglet-TURN's compensation request, as discussed herein.