ALJ/MSW/avs DRAFT Item 7
Agenda ID #843
7/17/2002
Decision
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
The application of SAN DIEGO GAS & ELECTRIC COMPANY (U 902 E) for approval of servicing agreement between the State of California Department of Water Resources ("DWR") and SDG&E Pursuant to Chapter 4 of the Statutes of 2001 (Assembly Bill 1 of the First 2001-2002 Extraordinary Session). |
Application 01-06-039 (Filed June 22, 2001) |
OPINION APPROVING AMENDMENT NO. 1 TO THE FIRST AMENDED AND RESTATED SERVICING AGREEMENT BETWEEN SAN DIEGO GAS & ELECTRIC COMPANY AND THE DEPARTMENT OF WATER RESOURCES
Summary
On June 21, 2002, San Diego Gas & Electric Company (SDG&E) filed a second petition for modification of Decision (D.) 01-09-013. D.01-09-013 was the decision that approved a Servicing Agreement between the California Department of Water Resources (DWR) and SDG&E.1 In its June 21, 2002 petition for modification, SDG&E seeks Commission approval of an amendment (Amendment No. 1) to the First Amended and Restated Servicing Agreement. SDG&E and DWR recently negotiated this latest amendment, whose purposes are to provide a separate line item on the Consolidated Utility Bill for Bond Charges and to implement the 2002 20/20 Program as ordered by the Commission in Resolution E-3770. SDG&E attached a copy of Amendment No. 1 to its petition.
Today's decision approves Amendment No. 1 to the First Amended and Restated Servicing Agreement, and the petition for modification of D.01-09-013 is granted as set forth in this decision. A copy of Amendment No. 1 is attached to this decision as Appendix A.
1 The Servicing Agreement sets forth the terms and conditions under which SDG&E provides the transmission and distribution of DWR-purchased electricity; addresses billing, collection, and related services on behalf of DWR; and addresses DWR's compensation to SDG&E for providing those services. In the first petition, filed on March 29, 2002, SDG&E sought approval for certain revisions to the Servicing Agreement as a result of changes ordered in D.01-09-013. SDG&E also sought in the first petition to make the Servicing Agreement consistent with the Rate Agreement between DWR and the Commission that was approved in D.02-02-051, and revisions required to include remittances by SDG&E to DWR for imbalance energy as ordered in D.02-02-052. By D.02-04-048 dated April 22, 2002, the Commission granted SDG&E's March 29 petition and approved the "First Amended and Restated Servicing Agreement."
