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HomeMy WebLinkAboutAgenda Report - June 5, 1991 (69)i OF CITY OF LODI COUNCIL CCMMUP41CAT_ION AGENDA TITf_E: Communications (May 16, 1991 through X' 29, 1991) MEETING BATE: June 5, 1991 PREPARED BY: City Clerk RECOMMENDED ACTION= AGENDA IIIlVI J -2d lib action required - information only. BACKGROUND P4TFMATIC - The following communication was received between the dates of W 16, 1991 and May 29, 1991. FronL the Public Utilities Commission of the State of Ca 11 for in a The City of Lodi is in receipt of a notice from the Public Utilities Commission of the State of California regarding application of Pacific Gas and Electric Company for authority to adjust is electric and gas rates effective January 1, 1992. A copy of the notice is attached marked Exhibit A. R14DM Ncne required. Alice M Rei the City Clerk AMR/jmp APPROVED. THOMAS A. PETERSON City Manager COUNCOM8/TXTA.02J/COUNCOM CC -1 May 15, 1991 TO: THE STATE OF CALIFORNIA ATTORNEY GENERAL, DEPARTMENT OF GENERAL SERVICES, STATE, COIINftc--," AND CITY OFFICIALS AND INTERESTED PARTIES PACIFIC GAS AND ELECTRIC COMPANY (PG&E) filed Application No. 91-05-016 on Hay 8, 1990, with t.= California Public Utilities Commission (CPUC or `.'? T`l Commission) requesting authority to increase its i'rn , electric and gas rates. co The requested rate adjustment would increase electric revenues by approximately $36,986,000 and gas revenues by approximately $10,595,000 for an overall increase of $47,563,000 to become effective January 1, 1992, a rate increase of less than one percent. This change in revenue is needed to cover a projected increase in cost of capital due to projected higher interest rates and changes in economic, regulatory and business risks for PG&E. The state, counties and municipal corporations, and any other parties interested in the above-mentioned filing can obtain a copy of Application No. 91-05-016 and related exhibits upon written request made to Kermit R. Kubitz, Pacific Gas and Electric Company, 77 Beale Street, Room 3022, San Francisco, CA 94106. This notice is given in accordance with Rule 24 of the Rules of Practice and Procedure of the California Public Utilities Commission, KERMIT R. KUBIT2 b � ' M E M O R A N D U M To: Honorable Mayor and Members of the Lodi City Council City Manager City Attorney From: Alice M. Reimche' City Clerk Date = June 12, 1991 Subject: Applications Recently Filed with the Public Utilities Commission by Pacific Gas & Electric for Rate Increases Pursuant to an earlier request for information, please be advised that recently Pacific Gas and Electric C.an>pany (PG&E) has submitted the following applications with the California Public Utilities Commission (PUC) requesting authority to increase its electric and gas rates: a) Application No. 91-04-003 filed April 1, 1991 requesting a $264.8 million increase in electric rates to cover forecasted expenses as estimated by PG&E. This would approximate a three to four percent increase. If approved the rate increase would be effective January 1, 1992. This application also includes a request for a $10.2 million increase of its gas rates. b) Application No. 91-05-016 filed OR My 8, 1990 (please note that in checking with the PUC and PG&E, this date should be May 8, 1991) requesting rate adjustments that would increase electric revenues by approximately $36,986,000 and gas revenues by approximately $10,595,000 to become effective January 1, 1992, a rate increase of less than 1%. PG&E indicates that this change in revenue is needed to cover a projected increase in cost of capital due to projected higher interest rates and changes in economic, regulatory, and business risks for PG&E . Copies of the subject notices are attached. AMR/jmp Attachments May 15, 1391 TO: THE STATE OF CALIFORNIA ATTORNEY GENERAL, DEPARTMENT OF GENERAL SERVICES, STATE, COUNTY AND CITY OFFICIALS AND INTERESTED PARTIES v PACIFIC GAS AND ELECTRIC COMPANY (PG&E) filed T Application No. 91-05-016 on May 8, 1990, with theme _ california Public tiliti Co i sion. CPUC OE ommission) requesting au horintyy to increase is -_ V electric and gas rates. The requested rate adjustment would increase electric revenues by approximately $36, 986, 000 and gas revenues by approximately $10,595,000 for an overall increase of $47,563,000 to become effective January 1, 1992, a rate increase of less than one percent. This change in revenue is needed to cover a projected increase in cost of capital due to projected higher interest rates and changes in economic, regulatory and business risks for PG&E. The state, counties and municipal corporations, and any other parties interested in the above-mentioned filing can obtain a copy of Application No. 91-05-016 and related exhibits upon written request made to Kermit R. Kubitz, Pacific Gas and Electric Company, 77 Seale Street, Room 3022, San Francisco, CA 94106. This notice is given in accordance with Rule 24 of the Rules of Practice and Procedure of the California Public Utilities Commission, KERMIT R. KUDITZ BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA 1 2 APR 11 1991 Application of PACIFIC GAS AND ELECTRIC } 3 COMPANY For Authority To Adjust Its ) City Attorney's Office Electric Rates Effective November 1, ) 4 1991, and to Adjust its Gas Rates ) Effective January 1, 1992; and ) APPLICATION NO. 5 ) 91-04-003 Commission Order Finding That. PACIFIC ) 6 GAS AND ELECTRIC COMPANY'S Gas and ) Electric Operations During the Reasonableness Review Period From ) 8 January 1, 1990 to December 31, 1990 ) Were Prudent ) 9 (U 39 M) 1 10 NOTICE OF FILING 11 12 April 9, 1991 13 TO: The State of California Attorney General, Department of 14 Public Services, County and City Officials: 15 Pacific Gas and Electric Company (PG&E) hereby gives 16 notice that in Application 91-04-003, filed April 1, 1991, with the California Public Utilities Commission, it has 17 18 requested authority to increase its electric and gas rates. If approved as requested, these rate changes would be 19 effective January 1, 1992. 20 21 SUHH,kRY OF THE APPLICATION 22 PG&E has requested a $264.8 million increase in 23 electric rates to cover the forecasted expenses, as estimated 24 by PG&E, of energy production and purchased -power costs, and 25 costs associated with new and expanded electric Customer 26 Energy Efficiency (CEE) programs. Last year the Commission 1 2 3 4 5 6I 7 8 9 10 11 12 13 14 15 16 17 le 19 2c 21 22 23 24 25 2E approved PG&E's CEE programs to assist our customers' conservation and efficiency efforts. PG&E has also requested a $10.2 million increase of its gas rates. This request is made to fund new and expanded gas CEE programs. -2-