Methodology

This assessment was conducted under a compressed review period and covered a wide range of IOU-provided documents. The review approach consisted of five sequenced steps:

1. Participation in key Program Advisory Group (PAG) and Peer Review Group (PRG) meetings in California, including IOU PAG and PRG and statewide PAG and PRG meetings.

2. Participation in discussions and presentations of the portfolios by IOU portfolio managers.

3. Discussions with CPUC-ED staff concerning components of the material provided for review between May 10 and May 20, 2005.

4. Team reviews and discussions of June 1, 2005 portfolio documents, including descriptive documents in addition to energy and cost projections (spreadsheets and EZ-Calculators).

5. Development and review of draft sections of this report and TecMarket Works Team agreements on the report's contents.

The contents of this report are presented in three levels. These are:

1. Statewide Portfolio Assessment

2. IOU Portfolio Assessment

3. IOU Programs- Assessment.

The following sections of this report convey the results of the assessment to the CPUC.