IX. Revenue Requirement Impact

SCE does not propose any rate changes in this proceeding. Instead, SCE seeks authority to transfer the NUIP and EETA approved balances to its appropriate balancing accounts for consolidation in its rate change to be adopted in the January 1, 2006 ERRA forecast proceeding. The NUIP reward and EETA amount will impact 2006 total revenues by 0.2%.

SCE also seeks to include the non-ERRA balancing accounts approved in this proceeding as part of a consolidated rate change with other approved rate changes for implementation effective January 1, 2006.

There is no objection to SCE's revenue requirement proposal. We concur, as its proposal minimizes the number of rate changes within a relatively short period of time.