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Decision 00-04-050 April 20, 2000

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

Application of PACIFIC GAS AND ELECTRIC COMPANY to Recover Costs Recorded in the Catastrophic Event Memorandum Account (CEMA) Effective January 1, 2000. (U 39 M)

Application 99-01-011

(Filed January 7, 1999)

O P I N I O N

1. Summary

Based on a settlement reached between the Settlement Parties1 in this proceeding, this decision authorizes Pacific Gas and Electric Company (PG&E) to recover $69.8 million of PG&E's Catastrophic Event Memorandum Account (CEMA) revenue requirement. This revenue requirement, comprising $59.3 million in electric revenue requirement and $10.5 million in gas distribution revenue requirement will be collected in the year 2000. There will be no change in gas transmission rates. PG&E's request was for $85.1 million.

1 The Settlement Parties are PG&E, the Office of Ratepayer Advocates (ORA), and Aglet Consumer Alliance (Aglet) and its director James Weil.

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