California PUC Takes Up Case Involving Pacific Gas and Electric

SAN FRANCISCO, California, Jan. 25 (TNSsro) -- The California Public Utilities Commission issued the following agenda item (A.20-02-009, A.20-04-002, A.20-06-001) for Feb. 2, 2023:

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Application of Pacific Gas and Electric Company for Compliance Review of Utility Owned Generation Operations, Portfolio Allocation Balancing Account Entries, Energy Resource Recovery Account Entries, Contract Administration, Economic Dispatch of Electric Resources, Utility Owned Generation Fuel Procurement, Diablo Canyon Seismic Studies Balancing Account, and Other Activities for the Record Period January 1 Through December 31, 2019.

PROPOSED OUTCOME:

* Prohibits Pacific Gas and Electric Company (PG&E), Southern California Edison (SCE), and San Diego Gas & Electric Company (SDG&E) from adjusting future rates to collect any revenue shortfalls, recorded as under collections in their respective balancing accounts, caused by the Public Safety Power Shutoff (PSPS) events in 2019.

* Adopts a methodology to calculate the estimated unrealized revenues PG&E, SCE, and SDG&E incurred or will incur during PSPS events.

* Closes the proceeding.

SAFETY CONSIDERATIONS:

* There are no safety considerations associated with this decision.

ESTIMATED COST:

* The disallowances are estimated to be $9,270,000 for PG&E, $430,000 for SCE, and $120,000 for SDG&E.

(Comr John Reynolds - Judge Lau )

http://docs.cpuc.ca.gov/SearchRes.aspx?docformat=ALL&docid=500013835

Pub. Util. Code Sec. 311 - This item was mailed for Public Comment.

Pub. Util. Code Sec.1701.1 -- This proceeding is categorized as Ratesetting.

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Original text here: https://docs.cpuc.ca.gov/publisheddocs/published/g000/m501/k573/501573271.pdf