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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. jca eline L. ylor ti City Cler JLT Attachment APPROVED: THOMAS A. PETERSON City Manager cc -1 Pacific Gas and Electric ..ompany 77 Beale Street San Francisco, CA 415/973-2768 Telecopier415/543-7813 nr rrmg A,G*W 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