LONG BEACH MTG - NOTICE OF PUBLIC MTGS REQUEST FOR PUBLIC COMMENT REGARDING PROPOSED RATE INCREASES SCE COMPANY
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| What | |
|---|---|
| When |
04/28/2008 18:00
04/28/2008 21:00
04/28/2008 from 18:00 to 21:00 |
| Where | Long Beach Public Library - Main Library Auditorium, 101 Pacific Ave., Long Beach |
| Contact Phone | (800) 655-4555 |
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(Application (A.) 07-11-011) To obtain more information or a copy of the General Rate Case Application 07-11-011, please call our multicultural service numbers: MON-FRI 8 A.M.-5 P.M. English (800) 655-4555 Cambodian (800) 843-1309 Chinese (800) 843-8343 Korean (800) 628-3061 Vietnamese / Tieng Viet (800) 327-3031 Spanish / Espanol (800) 441-2233 (7 dias a la semana 8 a.m. - 8 p.m.) Southern California Edison Company (SCE) has filed a General Rate Case (GRC) Application with the California Public Utilities Commission (Commission) requesting authority to collect base rate (non-fuel) revenues of $5.199 billion, effective January 1, 2009. Base rate revenues pay for the costs of owning and operating electric distribution and generation facilities (excluding fuel and purchased power).
THE KEY REASONS FOR SCE'S PROPOSED INCREASE SCE has made this request to continue providing safe and reliable service to its customers. The reasons for the requested revenue increase are: (1) The need to build facilities to serve new customers and to reinforce the network to accommodate electric system load growth. (2) The need to make substantial capital investments to replace aging distribution infrastructure and business systems. (3) Significantly increasing expenses to meet additional regulatory requirements in generation and electricity procurement. (4) Increased costs for system operations and maintenance. (5) SCE's increased costs based upon its workforce demographics and the need to step-up recruitment, training and retention initiatives to assure that SCE has a well trained workforce in the decades to come, despite a large number of looming retirements.
WHAT THIS MEANS TO YOU If approved by the Commission, SCE's request would result in a $726 million, or 6.2 percent, increase over currently authorized total revenues (or a 16.23 percent increase in base rate revenues). The $726 million is net of a one-time refund of a revenue overcollection. Without this refund, the 2009 requested increase would have been $798 million. In addition to the proposed 2009 revenue change, SCE's application also proposes estimated base rate revenue increases of $216 million in 2010 and $287 million in 2011. The actual increases in 2010 and 2011 will be determined by the Commission prior to the beginning of each year. SCE is making this request now because the Commission requires utilities to file a GRC Application approximately one year before the effective date of the rate change.
PUBLIC PARTICIPATION HEARINGS The Commission will hold Public Participation Hearings at the times and places listed below. Consumer Affairs representatives from SCE will be present at each site to assist with individual customer billing and service concerns. These hearings will be conducted by a Commission Administrative Law Judge, or Commissioner, or both, with oral comments accepted from the public on the record. The Commission's policy is to schedule hearings in locations that are accessible to everyone. If specialized accommodations are needed, such as sign language interpreters or foreign language interpreters, please contact the Commission at (415) 703-2074, toll free at 1-800-849-8390, TTY toll free at 1-866-836-7825, or regular TTY at (415) 703-5282