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HomeMy WebLinkAboutAgenda Report - December 19, 1984 (82)CITY COUNCIL MEETING DECEMBER JQ, 1984 y 1 PUC APPI.ICAT IMIS City Clerk Reimche presented a letter which had been received from Pacific Ga s and Electric Conpimy advising t ha t t hey had filed Application No. 84-11-054 in which it requests authority from the California Public Utilities ConTnission to increase electric rates, effective February 1. 1985 by approximately $491.5 million on an aruivalized basis. PAC I F I C OL&S AND 77 BEALE STREET. SAN FRANCISCO. CA.y1fppJMM t� 106)-f OTE9 SPHONE 44115) 977-2118 P.O. BOX 74<:, SAN FRANCISCO. CALtedPLIU-V412t IELECOPIER 0415) C43-78:3 PET94M W. MANSCH2N ^rTOaMT Al U,w A L i C E ". RE1; ;i,:: December 3, 1984 TO: THE STATE, COUNTY AND CITY OFFICIALS AND INTERESTED PARTIES Pacific Gas and Electric Company (PGandE) has filed Application No. 84-11-054, in which it requests authority from the California Public Utilities Commission to increase electric rates, effective February 1, 1985 by approximately $491.5 million on an annualized basis. The proposal requests authority to: (1) increase electric rates under the Energy Cost Adjustment Clause (ECAC) by approximately $608.5 million on an annualized basis; and (2) decrease electric rates by approximately $117.0 million on an annualized basis to reflect amortization of the balance in the Electric Revenue Adjustment Mechanism (ERAM) account. For the 12 -month period beginning February 1, 1985, the requested rate adjustments will increase PGandE's electric revenues by about 10.3 percent above the level generated by electric rates in effect as of January 31, 1985. The requested revisions to the ECAC and ERAM rates will not raise PGandE's Electric DepArtment rate of return above the level last found reasonable for PGandE's Electric Department by the California Public Utilities Commission. PGandE does not seek any change in the AER rate in this proceeding. The State, the counties, the municipal corporations, and other parties interested in the above-mentioned filing will be furnished a copy of Application No. 84-11-054 with related exhibits, upon written request made to PGandE, 77 Beale Street, P.O. Sox 7442, San Francisco, California 94120, Attention: Peter W. Hanschen. • TO THE STATE, COUNTY AND ' CITY OFFICIAL"..,, 1D INTERESTED PARTIES Page 2 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 PETER W. HANSCHEN