HomeMy WebLinkAboutAgenda Report - May 4, 1994 (36)4
CITY OF LORI COUNCIL COMMUNICATION
AGENDA TITLE: Communications (April 13.1994 through April 26.1994)
MEETING DATE: May 4, 1994
PREPARED BY: City Clerk
RECOMMENDED ACTION: Information only.
BACKGROUND INFORMATION: The City Clerk's office is in receipt of Application No. 94-04-002
(see attached) filed by Pacific Gas & Electric Company (PG&E)
with the California Public Utilities Commission (CPUC)
requesting authority to increase its rates for electric services and
no increase for gas services to become effective January 1.
1995.
FUNDING: None required.
JMP
Attachment
APPROVED
niter M. rrin
City Clerk
Lib
THOMAS A PETERSON
City Manager
1
Pacific On and Electric ..rioaay
April 11, 1994
77 Beak Street
San Francisco, CA
415/973-2069
Telecopie 415/543-7813
Telecopier 415/973-9271
Meth** MY,ru
P0. Box 7442
San Francisco. CA 94120
B. Mclennan
Attorney at law
RECEIVED
4 1:. 13 P11 3•
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. 94-04-002 on April 1,
1994, with the California Public Utilities Commission (CPUC or Commission) requesting
authority to increase its rates for electric services and no increase for gas services. PG&E
seeks authority to increase its electric rates by two percent on January 1, 1995. At current
forecasted sales levels, this two percent increase would result in an electric revenue
increase of $157.4 million. PG&E's proposal limits the requested change by deferring
cost recovery of a portion of its estimated Energy Cost Adjustment Clause (ECAC)
balance on December 31, 1994 beyond 1995 by including only partial amortization of the
estimated undercollection in the ECAC revenue requirement
The Commission will hold hearings on the proposed increase. Parties at those hearings
may offer proposals to the CPUC which differ substantially from those requested by the
utility. 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. 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 Regional Offices in Fresno, Oakland, Sacramen-
to, or San Jose. If you desire a copy of the Application and related exhibits, please write
me at the above mailing address and mention you are writing about Application
No. 94-04-002.
State and Local Officials
2 April 11, 1994
This notice is given in accordance with Rule 24 of the Rules of Practice and Procedures of
the California Public Utilities Commission.
PACIFIC GAS AND ELECTRIC COMPANY
BY leta
ROBERT B. McLENNAN