HomeMy WebLinkAboutAgenda Report - May 3, 1995 (76)"4v a+gyp
CITY OF LODI COUNCIL COMMUNICATION
AGENDA TITLE: Communications (April 13 through April 25, 1995)
MEETING DATE: May 3, 1995
PREPARED BY: City Clerk
RECOMMENDED ACTION: Information only.
BACKGROUND INFORMATION: The City of Lodi received Application No. 95-04-002 filed by
Pacific Gas & Electric (PG&E) with the California Public Utilities
Commission (CPUC) requesting a continuation of PG&E's
electric rate freeze through 1996.
FUNDING: None required.
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ti City Cler
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Attachment
APPROVED:
THOMAS A. PETERSON
City Manager
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Pacific Gas and Electric ..ompany
77 Beale Street
San Francisco, CA
415/973-2768
Telecopier415/543-7813
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P.0, Box 7442
San Francisco, CA 94120
April 11, 1995
William H. Edwards
Attorney at Law
TO: THE STATE OF CALIFORNIA ATTORNEY GENERAL,
DEPARTMENT OF GENERAL SERVICES, COUNTY AND CITY
OFFICIALS AND INTERESTED PARTIES
Pacific Gas and Electric Company (PG&E) filed Application No.
95-04-002 on April 3, 1995, with the California Public Utilities
vommis3iori (CPUC or Comkmlission) requesting a continuation of PG&E's
electric rate freeze though 1996. To achieve this result PG&E proposes a
net zero revenue change from revenues at present rates for the
combination of the Energy Cost Adjustment Clause (ECAC), Annual
Energy Rate (AER), the Electric Revenue Adjustment Mechanism
(ERAM), and the California Alternative Rates for Energy (CARE) account
(CARE replaces the Low Income Ratepayer Assistance (LIRA) program)
for the forecast period January 1, 1996 through December 31, 1996.
PG&E's proposal defers cost recovery of approximately $85 million of the
1995 ERAM balancing account revenues until 1997. In accordance with
an order in last year's ECAC case which concluded that deferred costs
would not receive interest, PG&E's application does not request interest
on the deferred ERAM revenues during 1996.
Based on rates in effect on January 1, 1995, PG&E proposes that the
electric rates for all customer classes be held constant through 1996.
The Commission will hold hearings on this Application. Parties at those
hearings may offer proposals to the CPUC which differ substantially from
those requested in the application. After considering all proposals
presented during the formal hearing process, the Commission will issue a
decision. The actual rates and revenue requirement adopted by the
Commission may differ significantly from PG&E's original request and
may result in an increase or decrease in rates.
If you wish to participate in the hearings or need advice, please write to
the Public Advisor, California Public Utilities Commission at 505 Van
Ness Avenue, Room 5303, San Francisco, CA 94102; or by electronic mail
to "public.advisor@cpuc.ca.gov". Inquiries about the date, time, and place
of hearing on the Application may be directed to the Public Advisor.
A copy of the Application and related exhibits may also be examined at
the Commission, as well as the offices of Pacific Gas and Electric
Company, 77 Beale Street, Room 3120, San Francisco, CA 94105; or at
PG&E's division offices. If you desire a copy of the Application and
related exhibits, please write me at the above mailing address and
mention that you are writing about Application No. 95-04-002
This notice is given in accordance with Rule 24 of the Rules of Practice
and Procedure of the California Public Utilities Commission.
PACIFIC GAS AND ELECTRIC COMPANY
By 5
WITITAM H. EDWARDS