2. Background

PG&E filed Application 08-12-014 on December 18, 2008. Notice of the filing appeared in the Commission's Daily Calendar on December 23, 2008. No party filed a protest to the application. On January 15, 2009, PG&E filed its Response to the Commission Staff Standing Data Request in support of its application (Response). The Response included a series of financial tables summarizing PG&E's projected construction expenditures, cash flows, operating income, capitalization ratios, and short-term debt requirements.

The Commission preliminarily categorized this proceeding as ratesetting and determined that an evidentiary hearing would not be necessary. Based on the record of this proceeding, we affirm this is a ratesetting proceeding and no hearing is necessary.