Balancing Account (BRRBA) each month, which will allow true up of forecast and actual revenue requirements. SCE proposes that if the 1 pilot direct capital and O&M expenditures for the 12 month period commencing with approval to establish the CRPBA are less than $22 million, then those expenditures will be deemed to be reasonable and no further after-the-fact review will be required. SCE proposes that the recorded operation of the CRPBA be reviewed by the Commission in SCE’s annual Energy Resources Recovery Account (ERRA) review applications, which will ensure that all entries are stated correctly. SCE provides cost estimates for Phase 1, but notes that charging station installation at commercial sites is not uniform, with unique factors that will affect the costs at each site. SCE states that one of the pilot objectives is to validate assumptions about project implementation costs. Therefore, SCE adds a 35% contingency to all utility-side and customer-side costs. SCE also notes that it will conduct an RFI before setting the base cost of the charging station. While SCE provides a cost estimate for its proposed rebates, the ultimate rebates will depend on the results of the RFI process. In the Proposed Settlement, parties agree that if SCE reaches the $22 million Phase 1 budget cap without installing at least 1,000 charging stations, SCE must suspend program activities as soon as feasible and file a report with the Commission to examine the pilot’s underlying assumptions. At that point, no new projects should commence, although partially constructed projects may be completed as necessary. Any costs in excess of the budget cap should be considered as part of the Phase 2 budget.
Balancing Account (BRRBA) each month, which will allow true up of forecast and actual revenue requirements. SCE proposes that if the 1 pilot direct capital and O&M expenditures for the 12 month period commencing with approval to establish the CRPBA are less than $22 million, then those expenditures will be deemed to be reasonable and no further after-the-fact review will be required. SCE proposes that the recorded operation of the CRPBA be reviewed by the Commission in SCE’s annual Energy Resources Recovery Account (ERRA) review applications, which will ensure that all entries are stated correctly. SCE provides cost estimates for Phase 1, but notes that charging station installation at commercial sites is not uniform, with unique factors that will affect the costs at each site. SCE states that one of the pilot objectives is to validate assumptions about project implementation costs. Therefore, SCE adds a 35% contingency to all utility-side and customer-side costs. SCE also notes that it will conduct an RFI before setting the base cost of the charging station. While SCE provides a cost estimate for its proposed rebates, the ultimate rebates will depend on the results of the RFI process. In the Proposed Settlement, parties agree that if SCE reaches the $22 million Phase 1 budget cap without installing at least 1,000 charging stations, SCE must suspend program activities as soon as feasible and file a report with the Commission to examine the pilot’s underlying assumptions. At that point, no new projects should commence, although partially constructed projects may be completed as necessary. Any costs in excess of the budget cap should be considered as part of the Phase 2 budget.
157835660.docx