![]() GRCs occur on a three year cycle for each of the big three utilities, and less frequently for the multi-jurisdictional utilities.Įnergy Resource Recovery Account (ERRA) proceedings (and their multi-jurisdictional utility counterpart proceedings) authorize the amounts the utilities can charge customers for the cost of purchasing fuel and power. General Rate Case (GRC) proceedings authorize the amounts utilities can charge their customers for the cost to own, operate, and maintain their facilities. See links below for more specific information about proceedings and proceeding types: The following types of regulatory proceedings determine the revenue requirements for California utilities. The CPUC regulates California’s three large investor owned electric utilities – Pacific Gas and Electric (PG&E), Southern California Edison (SCE), and San Diego Gas and Electric (SDG&E) – as well as three smaller, multi-jurisdictional utilities: Bear Valley Electric Service, PacifiCorp, and Liberty Utilities. These multi-jurisdictional utilities provide electric services to small areas of California and outside the state. While the ratemaking for multi-jurisdictional utilities has some similarities to that of the big three, it also differs in several ways. For more information, see (More about ratemaking for the multi-jurisdictional electric utilities) Main Cost Proceedings The CPUC approves the amount that each electric utility can collect from its customers. This is a utility’s “revenue requirement” and it is based on the cost of operating, maintaining, and financing the infrastructure used to run the utility and on the cost of its procured fuel and power. The revenue requirement forms the basis for how electric rates get determined for each customer class. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |