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HomeMy WebLinkAboutAgenda Report - May 1, 1985LETTERS RBC' D RE PUC APPLICATICNS M The Gity Clerk presented a letter from PG&E Company giving notice that on April 15, 1985 it filed a motion to reopen Application No. 82-12-48 for the limited purpose of adopting a rate mechanism for 1986 to offset earnings attrition. The attrition mechanism proposed in the motion also constitutes PG&E'S generic proposal for a rage mechanism which will apply in the two intervening years within the three year test year cycle for general rate cases. b City Clerk Reimche presented a letter which had been \ received from PG&E Company regarding the filing of � Application No. 85-04-019 in which it requests authority from the California Public Utilities Comnission.roxiteie August 1, 1985, to increase electric rates by app maY $63,6 million on an annualized basis - ds� ,, — F 4'f,F ym ��-., L �:r� 3A - 1 1 cy. ` )cF� �, �c,.•,x,.,4 �axh tt y..... t11 i v'- c y? 2k {fie,,, t ' f t -1. 7^'3 t- d+3 w% ids H'�. :: v.Y S -7' i FL aAS AN'D 23123CTR,I0 00LdPANY 77 BEALE STREET, SAN. FRANCISCO. CALIFORNIA 94106 ; TELEPHONE (425) 972.4226 P.O. BOX 7442, SAN FRANCISCO, CALIFORNIA 94120 TELECOPIER (415).543.7813 - RECEIVED DAZE: APR 19 1985 Apr 11 15, 1985 ALICE M. REiMCHE CiTY CLERK TO: THE STATE, COUNTY AND CITY OFFICIALS, AND CITY OF LODI INTERESTED PARTIES: PACIFIC GAS 41D ELECTRIC COMPANY (PGandE) hereby gives notice that on April 15, 1985 it filed a Motion to Reopen Application No. 82-12-48 for the limited purpose of adopting a rate mechanism for 1986 to offset earnings attrition. The attrition mechanism proposed In the Motion also •constitutes PGandEls generic proposal for a rate mechanism which will apply In the two Intervening years within the three year test year cycle for general rate cases. California Public Utilities Commission Resolution No. ALJ -151, adopted June 6, 1984, 'extended PGandE's general rate case test year cycle from two to three years. Under This revised format PGandEls next scheduled general rate case will utilize a 1987 Test Year for ratemaking purposes. As a consequence, the 1986 rate case test year under the previous format has been transformed to the third year in the three year cycle which started with PGandEls 1984 Test Year General Rate Case. Resolution No. ALJ -151 recognized that the adoption of the three year rate case cycle left a year gap in the rate adjustment mechanism for PGandE. To rectify this problem, the Resolution authorirod PGandE to file a motion to reopen Application No. 82-12-48, PGandEls 1984 Test Year General Rate Case, to propose a mechanism to adjust rates for 1986. The proposed electric rates will Increase PGandE's Callfornla jurisdictional Electric Department revenues by 3.7%, or $198.9 million annually, on a calendar year 1986 basis. The proposed"gas rates will increase PGandEls Gas Department revenues by 1.8%, or 568.5 million annually, on a calendar year 1986 basis. PGandE has filed for these electric and gas Increases to. offset the effects of Inflation and changes An operating :nd financial costs on PGandEls opportunity to earn in 1986 the rate of return on equity the Cortmission found reasonable for PGandEls Electric and Gas Departments In Decision No. 83-12-068, PGandEfs 1984 Test Year General Rate Case. The State, the counties, the municipal corporations, and other Interested parties in the above mentioned filing will be furnished a copy of PGandEls Motion to Reopen Application No. 82-12-48 and Request for 1986 Attrition Rate Adjustment upon written request made to PGandE, 77 Beate Street, P. 0. Box 7442, San Francisco, California 94120, Attention: Mr. Howard V. Golub. This notice Is given in accordance with the requirements of the California Public Utilities Commission. Very truly yours, PAC IFi S AND ELECT 2CWANY HOWARD V. Go TO: THE STATE, COUNTY AND CITY OFFICIALS, AND INTERESTED PARTIES; Pacific Gas and Electric Company (PGandE) has filed Application No.. 85-04-019'in which it requests authority from the .California Public Utilities Commission, effective August 11 1985, to increase electric rates by approximately $63.6 million on an annualized basis. The proposal requests authority to: (1) increase elevtric rates under the Energy Cost Adjustment Clause (ECAC) by approximately $ 171.6 million on an annualized basis; (2) decrease electric rates by approximately $127.5 million on an anTnualized,basis'under the Electric Revenue Adjustment kechanism'(ERAM); (3) increase electric rates under the Annual Energy -.Rate (AER) by'approximately .$179 million on an annualized` basis; and (4) 'increase certain electricrates by approximately $1.6 million on an annualized basis as provided for by the Steel Surcharge' Adjustment Clause (SSAC). - For the ,12 -month period beginning.August 1, 1985, the requested rate adjustments will increase PGandE's electric revenues by about 1.13 percent above the level generated by electric rates in effect on April 3, 1985. The State, the counties, the municipal corporations and other parties interested in the above-mentioned filing will be furnished a copy of Application No. 85-04-019, with related exhibits, upon written request made to PGandE, 77 Beale Street, Post Office Box 7442, San Francisco,California 94120,,Atten- tion: Mr. Howard V. Golub.