6. Fee
Whenever the Commission authorizes a utility to issue debt and preferred stock, the Commission is required to charge and collect a fee pursuant to Pub. Util. Code §§ 1904(b) and 1904.1. The fee is calculated as follows:
Table 2
Calculation of Fee
Securities |
Amount of Securities |
Rate per $1,000 of Proposed Securities |
Total Fee |
$100 Million of Debt Securities |
$1,000,000 |
$2 |
$2,000 |
$9,000,000 |
$1 |
$9,000 | |
$90,000,000 |
$0.50 |
$45,000 | |
Subtotal |
$56,000 | ||
$50 Million of Common Equity |
$1,000,000 |
$2 |
$2,000 |
$9,000,000 |
$1 |
$9,000 | |
$40,000,000 |
$0.50 |
$20,000 | |
Subtotal |
$31,000 | ||
Total Fee |
$87,000 | ||
