5. Comments on Proposed Decision

The proposed decision of President Peevey in this matter was mailed to the parties in accordance with Section 311 of the Public Utilities Code and comments were allowed under Rule 14.3 of the Public Utilities Commission's Rules of Practice and Procedure. Comments were filed on February 28, 2008, and reply comments were filed on March 4, 2008. We have made corrections and clarifications in the proposed decision in response to comments, as well as substantive changes on selected issues, as we describe in today's decision.