HomeMy WebLinkAboutAgenda Report - July 3, 1985 (107)CORRESPONDENCE RE
CALIFORNIA. PUBLIC
UTILITIES COMISSION
APPLICATIONS
The City Clerk presented a letter that had been received from
Pacific Gas and Electric Company regarding an amendment to its
Application No. 83-09-49 which was filed September 19. 1982 in
which PG&E requests- authority from the California public
Utilities Commission to recover, through rates, t
deco tom-," u,,.,ti. ,ate n___ r___ __ he costs to
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JULY 3, 185
CORRESPONDENCE RE
CALIFORNIA. PUBLIC
UTILITIES COMISSION
APPLICATIONS
The City Clerk presented a letter that had been received from
Pacific Gas and Electric Company regarding an amendment to its
Application No. 83-09-49 which was filed September 19. 1982 in
which PG&E requests- authority from the California public
Utilities Commission to recover, through rates, t
deco tom-," u,,.,ti. ,ate n___ r___ __ he costs to
REg1V
PACIFIC:A.S AND ELECTRIO. COMPAl�,TY
1985 JUN 948EA'GE `3TIQ-5T, SAN FRANCISCO, CALIFORNIA 94106 TELEPHONE (415) 972.4226
At trc A.0 tOC1412, SAN FRANCISCO, CALIFORNIA 94120 TEL ECOPIER (415) 543-7813
HOWARD V. GOLUg.HL.1C,IGTY CLERK
ATTORNEY AT LAW CITY O C L O^ I
CITY I `1 June 18, 1985
TO: THE STATE, COUNTY AND CITY OFFICIALS
AND INTERESTED PARTIES
PACIFIC GAS and ELECTRIC COMPANY (PGandE) hereby gives notice
that it has filed an Amendment to its Application No, 83-09-49
(which was filed September 19, 1983) in which it requests authority
from the California Public Utilities Commission to recover through
rates the costs to decommission Humboldt Bay Power Plant, Unit
No 3 (Unit 3) .
In its Amendment to its Application, PGandE requests to
recover over a period of 15 years an additional amount of
$9,668,000 annually to decommission Unit 3. (Decommissioning
refers to the overall process through which radioactive material is
safely. removed and the plant is ultimately dismantled). The
additional request is caused by the recent enactment of the Tax
Reform Act of 1984, P.L. 98-369, Internal Revenue Code §468A which
Act changed some of the tax assumptions used by the Commission and
PGandE to estimate certain tax costs associated with
decommissioning. To recover these additional costs. associated with
Unit 3, PGandE requests to raise electric rates by a total
approximating $13 million annually (or less than (1) percent).
The requested increase in rates will not raise PGandE's
Electric -Department rate of_return above the level last found fair
and reasonable by the California Public Utilities Commission.
Inquiries relating to the proposed increase, including
requests to receive notice of the date, time, and place of hearing,
may be directed to the CaliforniaPublic Utilities Commission z.t
the above noted address.
The State, the counties, the municipal corporations and other
parties interested in the above described filing will be furnished
a copy with related exhibits, upon written request made to Pacific
Gas and Electric Company, 77 Beale Street, Post Office Box 7442,
Sari Francisco, California 94120, Attention: Howard V. Golub.
This Notice is given -in accordance with Rule 24 of the revised
Rules of Practice and Procedure of the California. Public Utilities
Commission.