arising from its disposition of issues related to, the participation in the PG&E true-up of DCNPP capital-related 2018 general rate case. revenue requirements and treatment This stipulation prescribed of the costs of cancelled projects procedures under which are reflected in Application rate changes related to at pp.11 and 14; Attachment A DCNPP capital (Joint Proposal); Prepared Direct expenditures would be Testimony of the Alliance for treated. Essentially, these (Exhibit Nuclear Responsibility procedures addressed the A4NR-1), at pp.39 to 41 and true-up of forecasted Appendix (Stipulation Between DCNPP capital projects to PG&E and A4NR Regarding actual capital expenditures, Annual Diablo Canyon Revenue with corresponding Requirement Tier 3 Advice Letter); adjustments to DCNPP net Joint Motion of Pacific Gas and plant-in-service, annual Electric Company (U39E), the depreciation expense, and Alliance for Nuclear Responsibility, other capital-related etc., for Adoption of Settlement revenue requirements. The Agreement Regarding License A4NR-PG&E Stipulation Renewal Project and Cancelled was augmented by a later Project Cost Recovery at Diablo settlement agreement to (May 23, 2017), at pp.3, 5, Canyon encompass cancelled 9 to 10, 15 to 18, and Attachment 1 capital projects (Settlement Agreement at pp.3 and specifically. This 4 to 7); Opening Brief of the settlement limits cost Alliance for Nuclear Responsibility recovery for cancelled (May 26, 2017), at pp.14 to 17; and, DCNPP capital projects to Opening Comments of the Alliance 25 percent of for Nuclear Responsibility on the PG&E’s capital expenditures at Proposed Decision of ALJ Allen, incurred after June 30, pp.4 to 5. 2016 (the date the Joint Decision 18-01-022 substantially Proposal was executed) approved the terms of the and the waiver of cost Stipulation and subsequent recovery for any AFUDC settlement agreement related to accruals associated with a DCNPP capital expenditures and cancelled project. cancelled projects, subject to modifications as to the timing of the filing of the true-up (i.e., from annual advice letters to the next PG&E general rate case), at pp.46 to 47, 47 to 48, 58 (Finding 11), 59 (Conclusion of Law 9), and 60 (Order 12).
arising from its participation in the PG&E 2018 general rate case. This stipulation prescribed procedures under which rate changes related to DCNPP capital expenditures would be treated. Essentially, these procedures addressed the true-up of forecasted DCNPP capital projects to actual capital expenditures, with corresponding adjustments to DCNPP net plant-in-service, annual depreciation expense, and other capital-related revenue requirements. The A4NR-PG&E Stipulation was augmented by a later settlement agreement to encompass cancelled capital projects specifically. This settlement limits cost recovery for cancelled DCNPP capital projects to 25 percent of PG&E’s capital expenditures incurred after June 30, 2016 (the date the Joint Proposal was executed) and the waiver of cost recovery for any AFUDC accruals associated with a cancelled project. disposition of issues related to, the true-up of DCNPP capital-related revenue requirements and treatment of the costs of cancelled projects are reflected in Application at pp.11 and 14; Attachment A (Joint Proposal); Prepared Direct Testimony of the Alliance for Nuclear Responsibility (Exhibit A4NR-1), at pp.39 to 41 and Appendix (Stipulation Between PG&E and A4NR Regarding Annual Diablo Canyon Revenue Requirement Tier 3 Advice Letter); Joint Motion of Pacific Gas and Electric Company (U39E), the Alliance for Nuclear Responsibility, etc., for Adoption of Settlement Agreement Regarding License Renewal Project and Cancelled Project Cost Recovery at Diablo Canyon (May 23, 2017), at pp.3, 5, 9 to 10, 15 to 18, and Attachment 1 (Settlement Agreement at pp.3 and 4 to 7); Opening Brief of the Alliance for Nuclear Responsibility (May 26, 2017), at pp.14 to 17; and, Opening Comments of the Alliance for Nuclear Responsibility on the Proposed Decision of ALJ Allen, at pp.4 to 5. Decision 18-01-022 substantially approved the terms of the Stipulation and subsequent settlement agreement related to DCNPP capital expenditures and cancelled projects, subject to modifications as to the timing of the filing of the true-up (i.e., from annual advice letters to the next PG&E general rate case), at pp.46 to 47, 47 to 48, 58 (Finding 11), 59 (Conclusion of Law 9), and 60 (Order 12).
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