III. Overview
A. SCE
SCE recommends continuation of the current $25 million annual revenue requirement in order to ensure that decommissioning funds are
available when needed, maintain rate stability; and ensure that customers receiving the benefits of SONGS 2&3 and Palo Verde operation are equitably burdened with the costs to decommission those facilities. As to SONGS 1, SCE believes no further contributions to the trust funds are needed.
B. SDG&E
SDG&E requests an $11.534 million annual revenue requirement for 2003.4 As to SONGS 1, SDG&E also believes no further contributions to the trust funds are needed.
4 In its original testimony filed jointly with SCE on March 21, 2002, SDG&E proposed to bifurcate the issue of future contribution levels for SDG&E's customers from this proceeding, and move it to its 2004 cost of service proceeding. SDG&E's initial proposal, had it been adopted, necessarily would have involved litigating issues, such as rates of return, in SDG&E's 2004 cost of service proceeding. SDG&E amended the application on June 17, 2002 to address the issue of future contribution levels in this proceeding, rather than in its 2004 cost of service proceeding.
