Issues

The CMS summarizes the status of issues as of November 2, 1999. Many of the original disagreements between ORA and the utilities have been resolved through review of additional documents, records or updated information. This status is summarized below:

ISSUE	POSITIONS OF PARTIES2
Shareholder Incentives	(millions)
	UTILITY	ORA	PRAHL-INDEPENDENT REVIEWER (for Energy Division)
PY 1994-3RD Earnings Claim for Rates in 20003
PG&E	$5.40 $20.20 life cycle	agrees agrees	not applicable (N/A)
SDG&E	$2.81 $8.190 lifecycle	agrees agrees	N/A
SoCal	$0.725 $2.898 lifecycle	agrees agrees	N/A
Edison	$1.416 $4.974 lifecycle	agrees agrees	N/A

PY 1997-2nd Earnings Claim for Rates in 20003
PG&E	$6.02 $31.54 lifecycle	settled settled	agrees agrees
SDG&E	$3.955 $16.093	settled settled settled	advised ORA advised ORA
Edison	$2.224 lifecycle $15.397 lifecycle	settled settled	advised ORA accepted indep. reviewer recom. Includes IEEI $8.051 lifecycle And CEEI $5.516 lifecycle
SoCal	$0.716 $2.865 lifecycle	agrees agrees	N/A N/A

PY 1998 First Year Earnings Claim for pre-1998 Program Commitments Paid in 1998 - millions3
PG&E4	$4.25 in 2000 $4.25 in 2001 lifecycle	settled settled	N/A
SDG&E	N/A
SoCal	$0.353 in 2000 $1.411	settled settled	adopts indep. reviewer recom. for net gross 0.75
Edison	$0.241 in 2000 $0.964 lifecycle	agrees agrees	N/A N/A

The other issue that had not been resolved earlier in the CMS is the PY 2000 LIEE shareholder incentive mechanism, which the parties later resolved in the Joint Recommendation. We address the Joint Recommendation in a later section of this decision.

PY 1998 LIEE First Earnings Claim3 5
PG&E	$0.110 in 2000 $0.220 lifecycle	agrees agrees
SDG&E	$0.041958 in 2000 $0.08397 lifecycle	agrees agrees
Edison	$0.1215 in 2000 $0.243 lifecycle	agrees agrees
SoCal	$0.108 in 2000 $0.216 lifecycle	agrees agrees

² Positions of The Utility Reform Network (TURN) and REECH are noted in the Discussion section below. ³ Plus interest and franchise fees and uncollectibles (FFU). ⁴ There will be no 3^rd and 4^th shared savings incentives claim, but there will be 2^nd, 3^rd,and 4^th incentive claims for performance adder programs. ⁵ ORA reserves the right to verify and adjust 2^nd shared savings claim if appropriate.