5. Fees

Pursuant to Pub. Util. Code § 1904(b), the Commission shall charge a fee for approving a certificate authorizing an issue of bonds, notes or other evidence of indebtedness. The fee is two dollars for each $1,000 of the face value of the indebtedness, up to $1 million; and one dollar for each $1,000 of the face value for indebted amounts between $1 million and $10 million. The fee for the subject loan is $8,442.70.²⁰

²⁰ ($2 * (1,000,000/1,000)) + ($1 * (6,442,700/1,000)).