XI. Fee

SDG&E is required to pay a fee of $512,000 on the new authority granted in this decision. (See Code § 1904(b)¹⁰ re debt, and § 1904.1¹¹ re preferred stock.)

Computation of Fee
Item	Amount	Rate	Fee
Long-Term Debt	$1,000,000	$2.00 per thousand	$2,000
	9,000,000	$1.00 per thousand	9,000
	790,000,000	$0.50 per thousand	395,000
Total	$800,000,000
Preferred Stock	$1,000,000	$2.00 per thousand	2,000
	9,000,000	$1.00 per thousand	9,000
	190,000,000	$0.50 per thousand	95,000
Total	$200,000,000
Total Authority and Fee	$1,000,000,000		$512,000

¹⁰ § 1904 (b): "For a certificate authorizing an issue of bonds, notes, or other evidences of indebtedness, two dollars ($2) for each one thousand dollars ($1,000) of the face value of the authorized issue or fraction thereof up to one million dollars ($1,000,000), one dollar ($1) for each one thousand dollars ($1,000) over one million dollars ($1,000,000) and up to ten million dollars ($10,000,000), and fifty cents ($0.50) for each one thousand dollars ($1,000) over ten million dollars ($10,000,000), with a minimum fee in any case of fifty dollars ($50). ... "

¹¹ § 1904.1: "The commission shall also charge and collect a fee for a certificate authorizing an issue of stock, which fee shall be computed at the rates set forth in subdivision (b) of Section 1904 and determined by the commission upon the basis of the proposed maximum proceeds. ... "