ALJ/CAB/jva Mailed 3/17/2004

Decision 04-03-037 March 16, 2004

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

In the Matter of the Application of Southern California Edison Company (U 338-E) for Approval of a Power Purchase Agreement under PUHCA Section 32(k) Between the Utility and a Wholly-owned Subsidiary and for Authority to Recover the Costs of Such Power Purchase Agreement in Rates.

Application 03-07-032 (Filed July 21, 2003)

OPINION ADOPTING FEDERAL ENERGY REGULATORY COMMISSION'S CHANGES TO THE MOUNTAINVIEW POWER PURCHASE AGREEMENT APPROVED BY THIS COMMISSION IN DECISION 03-12-059

Summary

This decision approves the changes that the Federal Energy Regulatory Commission (FERC) ordered to the power purchase agreement (PPA) that our Decision (D.) 03-12-059 authorized Southern California Edison Company (Edison) to enter into with Mountainview Power Company, LLC (MVL) for electricity from the Mountainview Power Project (Mountainview). A copy of the FERC Order, 106 FERC ¶ 61, 183, is attached as Attachment A.