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HomeMy WebLinkAboutAgenda Report - May 17, 1995 (40)� OF CITY OF LODI COUNCIL COMMUNICATION C4<►F tl�`P AGENDA TITLE: Communications (April 26 through May 9, 1995) MEETING DATE: May 17, 1995 PREPARED BY: City Clerk RECOMMENDED ACTION: Information only. BACKGROUND INFORMATION: The City of Lodi received Application No. 95-04-041 filed by Pacific Gas & Electric (PG&E) with the California Public Utilities Commission (CPUC) requesting authority to recover shareholder incentives related to 1994 Demand Side Management (DSM) program accomplishments. FUNDING: JLT Attachment None required. $Jaceline L. Ta for City Clerk APPROVED: THOMAS A. PETERSON City Manager CC -1 BEFORE THE PUBLIC UTILITIES COMMISSS)Ot� .; -j OF THE STATE OF CALIFORNIAN"''" Application of Pacific Gas and Electric Company For Approval of Demand Side Management Shareholder Incentives for 1994 Program Year Accomplishments (U 39 M) NOTICE OF FILING Application No. 95-04-041 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. 95-04-041 on April 25, 1995 with the California Public Utilities Commission (CPUC). PG&E's Application, which is part of the Annual Earnings Assessment Proceeding (AEAP), requests authority to recover shareholder incentives related to 1994 Demand Side Management (DSM) program accomplishments. In total, PG&E is requesting a pre-tax DSM shareholder incentive of $19.4 million: $16.0 million for the Shared Savings Programs and $3.4 million for .the Performance Adder Programs. Under the recovery procedures set forth in Decision No.93-05-063 and Decision. 94-05-063, one fourth, or $4.9 million ($4.4 million electric and $0.5 million gas) would be recoverable in calendar year 1996. The remaining three-fourths would be subject to adjustments resulting from measurement and evaluation studies and recoverable during the years 1997 through 2005. The 1996 electric shareholder incentive request produces an electric Customer Energy Efficiency (CEE) shareholder incentive revenue requirement decrease of $12.8 million. This decrease is primarily due to the fact that as of December 31, 1995, PG&E will no longer collect shareholder earnings related to its 1991 DSM program, and to adjustments made to reflect the results of an audit of prior years' DSM expenditures. The gas CEE shareholder incentive revenue requirement would decrease by $3.8 million as a result of this filing. The revenue requirement changes proposed in PG&E's application would not increase PG&E's rates for any of its electric or gas customer classes. PG&E's AEAP application requests that, consistent with the proposed 1996 electric rate freeze, the decrease in the electric revenue requirement that would result from this application be offset by an equal increase in PG&E's 1996 Electric Revenue Adjustment Mechanism (ERAM) balance. This ratemaking treatment would decrease the 1996 ERAM revenue requirement. PG&E's AEAP application proposes that the resulting gas revenue requirement changes be consolidated with those from other gas proceedings held in 1995. The state, counties, and municipal corporations, and any other parties interested in the above-mentioned filing can obtain a copy of Application No. 95-04-041 and related testimony upon written request made to Pilar Garcia, Pacific Gas and Electric Company, P.O. Box 7442, San Francisco, CA 94120-7422. This notice is given in accordance with the requirements of Rule 24 of the CPUC's Rules of Practice and Procedure. Dated this 5th day of May, 1995 at San Francisco, California. HARRY W. LONG, JR. PILAR GARCIA FILAR GARCIA Attorneys for PACIFIC GAS AND ELECTRIC COMPANY 77 Beale Street P.O. Box 7442 San Francisco, CA 94120 Telephone: (415) 973-2036 Law Department PACIFIC GAS AND ELECTRIC COMPANY