IV. SDG&E Participation in the SGRP

This application was filed by SCE alone. Pursuant to the operating agreement among the owners of SONGS, SDG&E has chosen not to participate in the SGRP. Therefore, we will analyze the SGRP for SCE assuming that SDG&E does not participate.

As a result of its decision not to participate in the SGRP, and pursuant to the operating agreement between the owners of SONGS, SDG&E's ownership share of SONGS will be reduced, and SCE's ownership share will be increased in the same amount if the SGRP is performed. The reasonableness of the transfer of all or part of SDG&E's ownership share to SCE will be addressed in SDG&E's future § 851 application, which we will require SDG&E to file within 120 days of adoption of this decision. The scope of that proceeding will be determined therein.