the Parties in their prepared testimony and how each issue is resolved by the Settlement Agreement. Illustrative rates based on the Settlement Agreement are provided in Appendix B to the Settlement Agreement. Appendix C shows the proposed changes to Schedule LS-3 under the Settlement Agreement. The comparison exhibit served as the basis for testimony at evidentiary hearings where a panel of witnesses representing SCE, CASL, CAL-SLA and the City of Yorba Linda responded to questions from the assigned ALJ about the settlement. We summarize the initial position of parties, and the settled outcomes, below. 3.5.1. Non-Allocated Revenues To determine the level of non-allocated revenues to be directly assigned to the Streetlight Rate Group to recover the costs of SCE-owned streetlight facilities such as lamps and streetlight poles, SCE proposed to retain the methodology agreed upon among settling parties and adopted by the Commission in the last GRC Phase 2, in D.13-03-031, which, based on the net book value and O&M expenses for streetlight service in 2012 as recorded in FERC account 373 and related O&M expense accounts, equaled $76.3 million. SCE proposed to update that value upon implementation of the 2015 GRC Phase 2 rates using updated recorded data. In recognition of the fact that several municipalities had expressed interest in converting SCE-owned LS-1 service to customer-owned LS2 service, SCE proposed to perform a onetime adjustment to the non-allocated revenue requirement should such a transfer occur in the attrition years. SCE proposed that such an exception would be warranted to avert rate increases that would otherwise result from the conversion.
the Parties in their prepared testimony and how each issue is resolved by the Settlement Agreement. Illustrative rates based on the Settlement Agreement are provided in Appendix B to the Settlement Agreement. Appendix C shows the proposed changes to Schedule LS-3 under the Settlement Agreement. The comparison exhibit served as the basis for testimony at evidentiary hearings where a panel of witnesses representing SCE, CASL, CAL-SLA and the City of Yorba Linda responded to questions from the assigned ALJ about the settlement. We summarize the initial position of parties, and the settled outcomes, below. 3.5.1. Non-Allocated Revenues To determine the level of non-allocated revenues to be directly assigned to the Streetlight Rate Group to recover the costs of SCE-owned streetlight facilities such as lamps and streetlight poles, SCE proposed to retain the methodology agreed upon among settling parties and adopted by the Commission in the last GRC Phase 2, in D.13-03-031, which, based on the net book value and O&M expenses for streetlight service in 2012 as recorded in FERC account 373 and related O&M expense accounts, equaled $76.3 million. SCE proposed to update that value upon implementation of the 2015 GRC Phase 2 rates using updated recorded data. In recognition of the fact that several municipalities had expressed interest in converting SCE-owned LS-1 service to customer-owned LS2 service, SCE proposed to perform a onetime adjustment to the non-allocated revenue requirement should such a transfer occur in the attrition years. SCE proposed that such an exception would be warranted to avert rate increases that would otherwise result from the conversion.
159637505.docx