DECISION ADOPTING SAN DIEGO GAS & ELECTRIC COMPANY’S 2018 ELECTRIC PROCUREMENT COST REVENUE REQUIREMENT FORECAST AND 2018 FORECAST OF GREENHOUSE GAS RELATED FORECASTS Summary Today’s decision adopts 2018 forecast revenue requirements for San Diego Gas & Electric Company’s (SDG&E) Energy Resource Recovery Account (ERRA), Competition Transition Charge (CTC), Local Generation Charge (LGC), and the San Onofre Nuclear Generating Station (SONGS) Unit 1 offsite Spent Fuel Storage Cost revenue requirement. The total 2018 forecasted revenue requirement of $1,449.929 million adopted herein consists of: 1) $1,356.818 million for ERRA revenue requirement (includes 2018 forecast greenhouse gas (GHG) costs); 2) $24.307 million for CTC; 3) $160.427 million for LGC; 4) $1.088 million for the SONGS Unit 1 Offsite Spent Fuel Storage Cost revenue requirement; and 5) $98.286 million for GHG allowance proceeds. In accordance with California Public Utilities Code Section 748.5, Assembly Bill 32, Decision (D.) 12-12-033, D.13-12-041 and D.14-10-033, as corrected by D.14-10-055 and D.15-01-024, this decision also authorizes SDG&E to incorporate forecast GHG costs and allowance auction proceeds into 2018 customer rates. We authorize the forecast amounts of the California Climate Credit to be returned to residential customers beginning in 2018. All forecasts approved in this proceeding are subject to reconciliation of costs and proceeds in subsequent proceedings. In addition, outreach and administrative expenses are subject to further reasonableness review at the time of the reconciliation.
DECISION ADOPTING SAN DIEGO GAS & ELECTRIC COMPANY’S 2018 ELECTRIC PROCUREMENT COST REVENUE REQUIREMENT FORECAST AND 2018 FORECAST OF GREENHOUSE GAS RELATED FORECASTS Summary Today’s decision adopts 2018 forecast revenue requirements for San Diego Gas & Electric Company’s (SDG&E) Energy Resource Recovery Account (ERRA), Competition Transition Charge (CTC), Local Generation Charge (LGC), and the San Onofre Nuclear Generating Station (SONGS) Unit 1 offsite Spent Fuel Storage Cost revenue requirement. The total 2018 forecasted revenue requirement of $1,449.929 million adopted herein consists of: 1) $1,356.818 million for ERRA revenue requirement (includes 2018 forecast greenhouse gas (GHG) costs); 2) $24.307 million for CTC; 3) $160.427 million for LGC; 4) $1.088 million for the SONGS Unit 1 Offsite Spent Fuel Storage Cost revenue requirement; and 5) $98.286 million for GHG allowance proceeds. In accordance with California Public Utilities Code Section 748.5, Assembly Bill 32, Decision (D.) 12-12-033, D.13-12-041 and D.14-10-033, as corrected by D.14-10-055 and D.15-01-024, this decision also authorizes SDG&E to incorporate forecast GHG costs and allowance auction proceeds into 2018 customer rates. We authorize the forecast amounts of the California Climate Credit to be returned to residential customers beginning in 2018. All forecasts approved in this proceeding are subject to reconciliation of costs and proceeds in subsequent proceedings. In addition, outreach and administrative expenses are subject to further reasonableness review at the time of the reconciliation.