15. 2004 Incentives

The year is so advanced that enforcing the adopted incentives in 2004 would be unfair to applicants and ratepayers. SoCalGas and SDG&E would have, we expect, cautiously managed the operations of the companies in anticipation of adoption of the proposed settlements in Phase 1 and Phase 2 as a best case apart from the litigation positions. As discussed already with sharing, the incentives adopted herein should begin in 2005.