ALJ/JSW/sid Mailed 8/26/2002
Decision 02-08-070 August 22, 2002
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
Application of Pacific Gas and Electric Company Proposing a Market Structure and Rules for the Northern California Natural Gas Industry for the Period Beginning January 1, 2003 as Required by Commission Decision 01-09-016. (U 39 G) |
Application 01-10-011 (Filed October 8, 2001) |
OPINION REGARDING THE JOINT MOTION FOR APPROVAL OF
THE GAS ACCORD II SETTLEMENT AGREEMENT
Summary
On May 20, 2002, Pacific Gas and Electric Company (PG&E) and 13 other parties filed a "Joint Motion For Approval Of Gas Accord II Settlement Agreement And Request For Shortened Comment Time" ("joint motion"). The joint motion requests that the Commission promptly approve the "Gas Accord II Settlement Agreement" (also referred to as "proposed settlement agreement") without modification. The proposed settlement agreement would extend, for a one-year term (the "Gas Accord II period"), the existing, Commission-approved market structure, rates, tariffs, and terms and conditions of service, for PG&E's gas transmission and storage system.1
Today's decision grants the joint motion to approve the Gas Accord II Settlement Agreement. A copy of the approved settlement agreement is attached to this decision as Appendix A.
1 Under the proposed settlement agreement, the market structure for PG&E's gas transmission service would be extended for the period from January 1, 2003 to December 31, 2003, and for PG&E's gas storage service for the period from April 1, 2003 to March 31, 2004.
