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Mail # 70121 Part 1 : SB_GT&S_0919539.pdf

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Date:
Tuesday, 16 September 2014 09:48
Sender:
Confidential Material Removed
Recipient:
Monbouquette, Marc (Marc.Monbouquette@cpuc.ca.gov) (Marc.Monbouquette@cpuc.ca.gov); Lafrenz, Donald J. (donald.lafrenz@cpuc.ca.gov) (donald.lafrenz@cpuc.ca.gov)
Subject:
FW: ED & PG&E October 1 Rate Change Teleconference
Total file(s): 3

SB_GT&S_0919539.pdf
SB_GT&S_0919542.pdf
SB_GT&S_0919542N.xlsx
SB_GT&S_0919543.pdf
SB_GT&S_0919543N.xlsx
Content:

---------------------Page 1---------------------
Redacted
From:
Sent: 9/16/2014 9:48:46 AM
To: Lafrenz, Donald J. (donald.lafrenz@cpuc.ca.gov ) (donald.lafrenz@cpuc.ca.gov );
Monbouquette, Marc (Marc.Monbouquette@cpuc.ca.gov )
(Marc .Monbouquette@cpuc .ca.gov)
Cc:
Bcc:
Subject: FW: ED & PG&E October 1 Rate Change Teleconference
Included Appendix C from the GRC decision in this update.
From Redacted
Sent: Monday, September 15, 2014 2:15 PM
To: Monbouquette, Marc (Marc.Monbouquette@cpuc.ca.gov ); Lafrenz, Donald J.
(donald.lafrenz@cpuc.ca.gov)
Subject: ED & PG&E October 1 Rate Change Teleconference
Dear all,
Please find excerpt of the Oct 1 Rate Change Advice Letter below, in preparation of our discussion this
afternoon:
1. Transmission Owner (TQ15)
On October 1,2013, PG&E incorporated into its wholesale and retail electric transmission rates its
T015 request, subject to refund. On July 15, 2014, PG&E filed an uncontested settlement resulting in a
reduction to the T015 revenue requirement. In addition, PG&E submitted a motion requesting
authorization to implement, on an interim basis, the wholesale and retail rates included in the
settlement. Although the settlement is still pending FERC approval, on July 23, 2014, FERC issued an
order granting PG&E?s motion to implement interim rates as early as October 1, 2014. On August 22,
2014, in compliance with
Resolution E-3930, PG&E filed Advice Letter 4479-E, notifying the CPUC of
the T015 settlement. The rates for T015 filed with this advice letter reflect an approximate $33.7
million decrease from revenues at currently effective TQ15 rates.
Note that the difference in the amounts actually billed using the as-filed rates and the amounts that
would have been collected under the settlement rates for the period between October 1, 2013, and
September 30, 2014, will be refunded to customers through PG&E?s established End-Use Customer
Refund Balancing Account Adjustment mechanism upon approval by FERC.
SB GT&S 0919539
---------------------Page 2---------------------
2. General Rate Case (GRC)
On November 15, 2012, PG&E filed its 2014 GRC Application 12-11-009, proposing generation and
distribution base revenue requirements for test year 2014 and attrition years 2015 and 2016. On April
18, 2013, the CPUC issued D.13-04-023 granting PG&E ?s request to make its 2014 GRC revenue
requirement effective January 1, 2014, including interest. On August 14, 2014, the CPUC issued D.14-
08-032 adopting, among other items, electric base revenue requirements for the 2014-2016 GRC
period.
Ordering Paragraph (OP) 1 of D.14-08-032 states that ?Pacific Gas and Electric Company (PG&E) is
authorized to collect, through rates and authorized ratemaking accounting mechanisms, over the
remainder of this rate case cycle through December 31, 2016 the (i) test year revenue requirement set
forth in Appendix C of this decision, less (ii) the amount collected by PG&E base rates since January 1,
2014, and prior to the implementation of the revenue requirement authorized by this decision, plus (iii)
interest on the difference between (i) and (ii), with said interest based on the rate for prime, three-month
commercial paper reported in Federal Reserve Statistical Release H-15.?
2014 Revenue Requirement
PG&E will reflect the 2014 GRC revenue increase in its distribution and generation rate components
and a decrease to its nuclear decommissioning rate component from October 1,2014 through
December 2014. To allow recovery of about half of the increase to the 2014 adopted GRC revenues
over the three remaining months of 2014, for rate purposes, PG&E is doubling the adopted increase of
$196 million presented in Appendix C, Table 1 of D.14-08-032 . This would result in PG&E recovering
approximately $98 million of its adopted 2014 increase in 2014.
Enclosed is the workpaper supporting the revenue requirements that will be included in this advice
letter.
Regards,
Redacted
PG&E
Redacted
SB GT&S 0919540
---------------------Page 3---------------------
Qpjriinnl A inimgpl
Redacted
From:
Se nt: Thursday.
March 03, 2005 12:17 PM
To |Redacted |Vlonbouquette, Marc (Marc.Monbouquette@cpuc. ca.gov): Lafrenz, Donald J.
(donald.lafrenz@cpuc.ca.gov)
Subject: ED & PG&E October 1 Rate Change Teleconference
When: Monday, September 15.
2014 3:00 PM-4:00 PM (UTC-08:00) Pacific Time (US & Canada).
Where: WebEx No.: I Redacted 'Conference Code: Redacted
Dear all,
Thanks for agreeing to chat with PG&E about the upcoming October 1 Rate Change. Although this
meeting might be shorter, I?ve reserved an hour in our time in case we need it.
Regards,
Redacted
PG&E
Redacted
SB GT&S 0919541

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