STATE OF CALIFORNIA GRAY DAVIS, Governor
PUBLIC UTILITIES COMMISSION
505 VAN NESS AVENUE
SAN FRANCISCO, CA 94102-3298
January 13, 2003 Agenda ID 1635
TO: PARTIES OF RECORD IN APPLICATION 02-03-016
This is the proposed decision of Administrative Law Judge (ALJ) Galvin, previously designated as the principal hearing officer in this proceeding. It will not appear on the Commission's agenda for at least 30 days after the date it is mailed. This matter was categorized as ratesetting and is subject to Pub. Util. Code § 1701.3(c). Pursuant to Resolution ALJ-180, a Ratesetting Deliberative Meeting to consider this matter may be held upon the request of any Commissioner. If that occurs, the Commission will prepare and mail an agenda for the Ratesetting Deliberative Meeting 10 days before hand, and will advise the parties of this fact, and of the related ex parte communications prohibition period.
The Commission may act at the regular meeting, or it may postpone action until later. If action is postponed, the Commission will announce whether and when there will be a further prohibition on communications.
When the Commission acts on the proposed decision, it may adopt all or part of it as written, amend or modify it, or set it aside and prepare its own decision. Only when the Commission acts does the decision become binding on the parties.
Parties to the proceeding may file comments on the proposed decision as provided in Article 19 of the Commission's "Rules of Practice and Procedure." These rules are accessible on the Commission's website at http://www.cpuc.ca.gov. Pursuant to Rule 77.3 opening comments shall not exceed 15 pages. Finally, comments must be served separately on the ALJ and the assigned Commissioner, and for that purpose I suggest hand delivery, overnight mail, or other expeditious method of service.
__/s/ CAROL A. BROWN__
Carol A. Brown, Interim Chief
Administrative Law Judge
CAB:jyc
Attachment
ALJ/MFG/jyc DRAFT Agenda ID 1635
Ratesetting
Decision PROPOSED DECISION OF ALJ GALVIN (Mailed 1/13/2003)
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
Application of Southern California Edison Company (U 338-E) for Approval of Fuel Hedging Cost Recovery. |
Application 02-03-016 (Filed March 13, 2002) |
Michael D. Montoya, Attorney at Law,
for Southern California Edison Company, Applicant.
James E. Scarff, Attorney at Law, for the Office of
Ratepayer Advocates.
OPINION ON FUEL HEDGING COST RECOVERY
I. Summary
We find that the $208.8 million balance in Southern California Edison Company's (SCE) Risk Management Memorandum Account (RMMA) is reasonable and qualifies as recoverable costs. This balance shall be transferred to SCE's Settlement Rate Balancing Account (SRBA) for recovery. SCE shall submit an advice letter that closes the RMMA and deletes the RMMA from its tariff.
