IV. CONCLUSION

Because neither the joint application of Edison and PG&E, nor the application of SDG&E has established legal error in D.01-01-061, rehearing is denied.

IT IS THEREFORE ORDERED that:

1. SDG&E shall immediately make appropriate accounting adjustments consistent with our orders in D.01-01-061 and the present decision with respect to the Illinova, LG&E Marketing, and Pacificorp purchase contracts, and shall specifically account for any assignment of any of the contracts in whole or in part. SDG&E shall also provide forthwith to the Energy Division copies of all agreements and contracts of any assignment of the purchase contracts.

2. Within seven days of the effective date of this decision, SDG&E and Edison shall submit advice letters consistent with our order in D.01-01-061 and the present decision. The respective advice letters shall attach copies of the account changes, including explanatory notes. SDG&E shall submit with the filing of the Advice Letter documentation of any assignment that has been made of any of the Illinova, LG&E Marketing, and Pacificorp contracts.

3. Within seven days of the effective date of this decision, SDG&E shall also submit documentation showing the delivery of the electric power purchased under the Illinova and Pacificorp contracts into SDG&E's system for distribution to its customers, and evidence of any action being taken in compliance with the other priorities we have ordered for using utility retained generation in D.01-01-061.

4. The application of SDG&E for rehearing of D.01-01-061 is denied.

5. The application of Edison and PG&E for rehearing of D.01-01-061 is denied.

This decision is effective immediately.

Dated May 3, 2001, at San Francisco, California

LORETTA M. LYNCH

President

HENRY M. DUQUE

RICHARD A. BILAS

CARL W. WOOD

GEOFFREY F. BROWN

Commissioners