HomeMy WebLinkAboutAgenda Report - April 7, 1982 (42)Continued April 7, 1982
PUC APPL2CATIONS
City Clerk Reimche apprised the Council that a letter
had been received from Pacific Gas and Electric Company
giving notice that in Amended Application No. 82 02 09,
it has requested authorization to implement an Elcrctric
Rate Stabilization Plan, to decrease its ECAC rats in
accordance therewith, or, in the alternative, to
decrease electric rates under the ECAC tariff.
City Clerk Reimche further apprised the Council that a
letter had been received from Pacific Gas and Electric
Company, giving notice that in Amended Application No.
82 02 10, it has requested authorization under its
Gas Adjustment Clause to revise its gas service tariff
effective April 1, 1982 to reflect gas costs and to
amortize the Gas Cost Balance Account under -collection.
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p.&CIPIC CXJLS -&ND ELECTR CIVO PANY
—17N. an�s I�
77 BEALE STREET . SAN FRANCISCO. CALIFORNIA 91106 TWX %10.37k.6587
larch 22
TO: THE STATE, COUNTY AND CITY OFFICIALS AND
INTERESTED PARTIES
PACIFIC GAS AND ELECTRIC COMPANY hereby gives notice that
in Amended Application No. 82 02 09 it has requestet. authoriza-
tion to implement an Electric Rate Stabilization Plan, to de-
crease its ECAC rates in accordance therewith, or, in the
alternative, to decrease electric rates under the ECAC tariff.
PGandE also requests authority to establish an Electric Revenue
Adjustment Mechanism (ERAM) rate in accordance with Public Util-
ities Commission Decision No. 93887, effective April 1, 1982,
and to establish forthwith a separate account for the accumula-
tion of certain expenses associated with sales of fuel oil,
underlift fees and oil inventory carrying costs for later rate
recovery and review.
Under the Rate Stabilization Plan, PGandE proposes to es-
tablish rates that will decrease PGandE's electric revenues
about 4.7 percent or approximately $227 million on an annualized
basis. This decrease is in addition to the $100 million ECAC
decrease effective as of February 18, 1982. If the Rate Stab-
ilizati,ln Plan, as proposed by PGandE, is implemented, there is
a reasonable prospect that electric raters will be maintained at
the requested reduced levels through 1983.
In the alternative, under the ECAC, as modified by Decision
No. 92496, the April 1 ECAC rate adjustment would decrease elec-
tric revenues about 14.3 percent or approximately $229 million
for the four-month period beginning April 1, 1982.
Under either proposed rate reduction, residential rates
will decrease by $227 million or approximately 14.4 percent on
an annualized basis.
The Rate Stabilization Plan, Electric Revenue Adjustment
Mechanism rate and other rate adjustments will not raise PGandE's
Electric Department rate of return above the level of 12.2 per-
cent last found reasonable for PGandE's Electric Department by
the California Public Utilities Commission.
A copy of the amended application and related exhibits may
be examined at the offices of the California Public Utilities
Commission, State Building, 350 McAllister Street, San Francisco,
State, Co t• Officials and March 22, 1982
Other Inte=J'Uties in Page 2
Applict9p2 202 09
+' : Ir m
Californias
;lt Pacific Gas -and Electric Com S
Company, 77 alo
Street, Ro�on' 10h"P. 0. Box 7442, San Francisco, California
94106: or c/o Division Managers in PGandE's Division Headquarters
in Eureka, Red Bluff, Chico, Marysville, Sacramento, Auburn, San
Rafael, San Francisco, Oakland, San Jose, Salinas, Fresno, and
Stockton.
This notice is given in accordance with Rine 24 of the re-
vised Rules of Practice and Procedure of the California Public
Utilities Commission.
Very truly yours,
PACIFIC GAS AND ELECT X COMPANY
By
8L G BSON
State, County, City Officials and March 22, 1982
Other Interested Parties in Page 2
Application .82.02 09
California 94102= at Pacific Gas and Electric Company, 77 Beale
Street, Room 3107, P. 0. Box 7442, San Francisco, California
94106; or c/o Division Managers in PGandE's Division Headquarters
in Eureka, Red Bluff, Chico, Marysville, Sacramento, Auburn, San
Rafael, San Francisco, Oakland, San Jose, Salinas, Fresno, and
Stockton.
This notice is given in accordance with Rule 24 of the re-
vised Rules of Practice and Procedure of the California Public
Utilities Commission.
Very truly yours,
PACIFIC GAS MD ELECT COMPANY
1-011
DAN EL E. BSON
Ell
PACIS'ZC CiAB AND ELECTRIC
c � Iii in o M toe
77 SEALE STREET • SAN FRANCISCO, CALIFORNIA 94106 • (415) 791-4211 • TWX 910-372.6587
AAM
Cr
March 22, 1982
TO: THE STATE, COUNTY AND CITY OFFICIALS AND
INTERESTED PARTIES
PACIFIC GAS AND ELECTRIC COMPANY hereby gives notice that
in Amended Application No. 82 02 10 it has requested authoriza-
tion under its Gas Adjustment Clause (GAC) to revise its gas
service tariff, effective April 1, 1982, to reflect gas costs
and to amortize the Gas Cost Balance Account (GCBA) undercollec-
tion. PGandE also has requested authorization to include carry-
ing costs on take -or -pay payments for gas in the GAC.
The amendment updates Application No. 82 02 10 to reflect
the effect of more current information on the 1981-82 winter,
estimated gas sales, and the unit prices of gas purchased from
E1 Paso Natural Gas Company.
The proposed rates would increase PGandE's gas revenues
about 18 percent or $321 million for the six-month period,
April l to September 30, 1982. The increase will not raise
PGandEEIs Gas Department rate of return above the level of 12.2
percent last found just and reasonable for PGandE's Gas Depart-
ment by the California Public Utilities Commission.
The State, the counties, the municipal corporations, and
other parties interested in the above-mentioned filing will
be furnished a copy of Amended Application No. 87 02 10 with
related exhibits, upon written request made to PGandE, 77
Beale Street, P. O. Box 7442, San Francisco, California 94106,
Attention: Daniel* E. Gibson, Assistant General Counsel.
This notice is given in accordance with Rule 24 of the
revised Rules of Practice and Procedure of the California
Public Utilities Commission.
Very truly yours,
PACIFIC GAS AND ELECTRIC,COMPANY
Y
DANIEL E. GIBSON