Hearing on Temporary Rates. EXHIBIT A Page 1 of 48
|
|
- Clinton Lane
- 5 years ago
- Views:
Transcription
1 Hearing on Temporary Rates October 25, 2011 EXHIBIT A Page 1 of 48
2 Page 2 of 48 EPE Overview Serving El Paso for over 110 years 1 of 3 publicly l traded d companies in El Paso Over 950 employees Significant contribution to improving our community Contributed more than $2 million of shareholder money to local, community-based non-profits in 2010 Over 12,000 community hours by employees Major economic impact on local economy Over a quarter of a billion dollars economic impact annually (excludes any multiplier effect) Anticipate $800 million of infrastructure investment spending in the next four years 2
3 Page 3 of 48 Service Area 3
4 Page 4 of 48 EPE s Reliability Ranking Among Texas Investor-Owned Electric Utilities EPE has been the most reliable investor-owned electric utility in Texas over the last 10 years Shortest t Average Outage Duration (SAIDI) - #1 Least Average Outage Frequency (SAIFI) - #1 Source: PUCT 4
5 Page 5 of 48 Regulation Ratemaking Balance Rates are set in an open process by an objective third party Utility Consumer Concerned with rates, service, safety, and efficiency of management Balance utility right to fair return with consumer right to just and reasonable rates Just and Fair Return Reasonable Rates Regulation 5
6 Page 6 of 48 Rates Recover the Cost of Providing Utility Service (Return on Investment) Gross Plant + Working Capital - Accumulated Depreciation _ Deferred Taxes = Net Rate Base X Rate of Return (ROR) = Return on Investment (ROI) 6
7 Page 7 of 48 Rates Recover the Cost of Providing Utility Service (Operating Costs) Gross Plant X Depreciation = Depreciation Rate Expense Operating Costs + O&M costs; G&A costs + Taxes + Other 7
8 Page 8 of 48 Rates Recover the Cost of Providing Utility Service (Cost of Service) Depreciation = Depreciation Gross Plant X Rate Expense + + Working Capital O&M costs; - G&A costs Operating + Accumulated Costs Taxes Depreciation _ + Deferred Taxes = Net Rate Base X Rate of Return (ROR) = Other + Return on Investment (ROI) = Cost of Service (Revenue Req t) 8
9 Page 9 of 48 Rate Design Rates are based on the number of customers and kwh of each rate class Rate design is basic math allocations equal the revenue requirement Cost of Service (Allocated) Residential Small Commercial Large Commercial Industrial 9
10 Page 10 of 48 Consumption Impacts Rates Assume cost of service - $500 million; residential class - $200 million Scenario 1: Total Usage: 2 billion kwh Energy charge per kwh: $ Scenario 2: Total Usage: 3 billion kwh Energy charge per kwh: $ Scenario 3: Total Usage: 4 billion kwh Energy charge per kwh: $ Total Customers: 250,000 Annual Customer Bill: $800 Total Revenue Generated: $200,000,000 10
11 Page 11 of 48 Average Residential Usage 1,600 Residential Average Monthly kwh by Utility 1,400 1,200 1,301 1,373 kwh per Month 1, , , EPE SWEPCO Entergy Texas SPS Sharyland Utilities Source: PUCT Monthly Bill Comparisons Austin Energy CPS Energy 11
12 Page 12 of 48 Average Residential Rate per kwh $0.14 Residential Average Total Rate per kwh (Includes Fuel) $0.12 $0.119 $0.10 $0.106 $ per kwh $0.08 $0.06 $0.091 $ $0.086 $0.093 $0.093 $0.04 $0.02 $0.00 EPE Austin Energy SWEPCO Entergy Texas SPS CPS Energy Sharyland Utilities 12 Source: PUCT Monthly Bill Comparisons
13 Page 13 of 48 Average Residential Bills $ Average Total Residential Bill per Month (Includes Fuel) $ $ $ $ $ $ nth $80.00 $91.38 $87.15 $ per Mo $60.00 $71.45 $ $20.00 $ EPE SWEPCO Entergy Texas SPS Sharyland Utilities Austin Energy CPS Energy 13 Source: PUCT Monthly Bill Comparisons & Current Tariffs
14 Page 14 of 48 Affordability of Residential Bills 4% Average Residential Bills as a Percentage of Median Household Income 3.51% 3% 2% 1.97% 2.24% 2.66% 2.71% 2.72% 1% 0% Austin El Paso Dallas - Ft Houston San Antonio Corpus $56,267 $36,231 Worth $54,225 $48,074 Christi $54,540 $42, Source: PUCT Monthly Bill Comparisons & US Census Bureau
15 Page 15 of 48 Affordability of Residential Bills 10% 8% 6% 4% Average Residential Bills as a Percentage of Federal Poverty Thresholdh 8.34% 8.45% 8.55% 7.53% 6.38% 4.68% 2% 0% El Paso Austin San Antonio Dll Dallas Ft Houston Corpus Worh Christi Source: PUCT Monthly Bill Comparisons & Health & Human Services 2010 Poverty Guidelines. EPE s rates noted here do not reflect the benefit of the low income rider. 15
16 Page 16 of 48 Map of Texas Integrated Utilities SPS SWEPCO EPE ETI 16
17 Comparison of Generation Mix (Capacity) EXHIBIT A Page 17 of 48 EPE SPS 6% 0% 38% 56% % Coal % Natural Gas % Nuclear 49% % Coal 50% %N Natural lgas % Nuclear ETI 11% 0% SWEPCO % Coal % Coal % Natural Gas 50% 50% % Natural Gas % Nuclear % Nuclear 89% Source: 2010 FERC Form 1 17
18 Page 18 of 48 % of Retail Sales by Customer Class 60% 51% 50% 40% 30% 34% 31% 37% 26% 26% 35% 36% 34% 29% 20% 21% 20% 15% 10% 0% 3% 2% EPE SPS Entergy SWEPCO 0% % of Retail sales from Residential % of Retail sales from Commercial % of Retail sales from Industrial % of Retail sales from OPA Source: 2010 FERC Form 1 18
19 Page 19 of 48 Operating Cost Comparisons $4,500 Annual Operating Cost per Customer $4,000 $3,988 $3,819 $3,500 $3,233 $3,000 $2,500 $2,148 $2,000 $1,500 $1,000 $500 $- Source: 2010 FERC Form 1 EE SPS Entergy SWEPCO 19
20 Page 20 of 48 Load vs. Peak Profile 1,700 1,600 1,500 1,610 1,615 1,616 1,527 1,400 1,383 and, MW Dem 1,300 1,200 1,100 1,000 1,078 1, ,048 1,286 1,070 1, Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Native Peak Demand Average Annual Demand 20
21 Page 21 of 48 Comparison of Total Commercial & Industrial Load Factor by Electric Utility 90.0% 80.0% r Annual CP Load Facto 70.0% 60.0% 50.0% 40.0% 0% 30.0% 58.4% 77.1% 75.0% 68.9% 20.0% 10.0% 0.0% EPE SPS ETI SWEPCO Source: PUCT-Data taken from most recent Texas rate case filings 21
22 Page 22 of 48 Industrial Rate Example Description EPE Customer SPS Customer ETI Customer SWEPCO Customer Peak demand Cost per KW $400 $400 $400 $400 Total cost of service $100,000 $100,000 $100,000 $100,000 Customer load factor 58.4% 77.1% 75.0% 68.9% Annual KWH usage 1,278,960 1,688,490 1,642,500 1,508,910 Cost per KWH $0.078 $0.059 $0.061 $0.066 Variance from EPE -24% -22% -15% 22
23 Page 23 of 48 Commercial and Industrial Rate Subsidies Percentage Increase Rate Class Rate Subsidy (000) (Decrease) Required to Eliminate i Subsidy Residential $18, % Government street lighting $4, % Municipal pumping % Commercial and Industrial Small commercial service ($1,615) (6.7%) General service ($15,991) (14.5%) Large power service ($4,481) (13.0%) Petroleum refining service ($1,079) (7.39%) Transmission voltage service ($676) (42.5%) University service ($987) (28.9%) Source: Internal Company data from Settlement Revenue Requirements Docket No
24 Page 24 of 48 EPE Cost of Service EPE Texas Jurisdictional Revenue Requirement (000's) Rate Base $ 1,092,224 Rate of Return 8.66% Return on Investment (ROI) $ 94,624 Plus: Operating Expenses $ 526,006 TotalCostofService of $ 620, Less: Current Revenues $ 602,191 Revenue Deficiency/Increase Needed $ 18,439 24
25 Page 25 of 48 Preliminary Cost of Capital Balance June 30, Percent of Embedded Weighted Cost Description 2011 (000) Capital Cost of Capital Common stock equity $818, % %* 5.42% Long-term debt 709, % 6.979% 3.24% Total $1,528, % 8.66% *Source: FERC Form 3-Q Quarterly Financial Report. AFUDC rate approved in Docket No Recent regulatory uncertainty necessitates a higher return on equity. 25
26 Page 26 of 48 Setting the Record Straight Information previously presented to the City Council concerning rates paid by EPE directors was wrong in every case Rates in Detroit are more expensive than El Paso Stock repurchases benefit customers by lowering the cost of capital EPE has always had adequate generation to meet its customers needs EPE provided justification of the reasonableness of its rates to the City on August 17,
27 Reconciliation of GAAP Earnings to Texas Jurisdictional Earnings Description Twelve Months Ended 6/30/2011 Return on Year-end Equity (000) Net income with extraordinary item $107, % Extraordinary gain for regulatory asset (10,286) -1.26% Net income before extraordinary item 97, % Adjustments to Reflect Texas Jurisdiction: EXHIBIT A Page 27 of 48 City franchise tax increase (257) -0.03% 03% Revenues above normal weather (4,399) -0.54% AFUDC on Newman 5 (8,200) -1.00% Depreciation on Newman 5 (1,932) -0.24% Palo Verde life extension depreciation 4, % Deregulated PV 3 revenues in NM (2,031) -0.25% Other income/deductions (3,437) -0.42% Texas regulatory earnings $81, % * Source: FERC Form 3-Q Quarterly Financial Report and internal company data 27
28 Page 28 of 48 Conclusion EPE and its employees provide significant value to our communities EPE s customers benefit from EPE s actions Most reliable electric utility in Texas Lowest average residential customer bills in Texas Customer profiles directly impact rates EPE s rates are just and reasonable There is no justification for a show cause proceeding or temporary rates at the current time 28
29 Page 29 of 48 Questions and Answers Newman 5 29
30 Page 30 of 48 Appendix 30
31 Page 31 of 48 Average Total Residential Rate per kwh (Includes Fuel) $ $ $ $ $ $ $ $ per Month $ $ $ $ $ $ $ $ $ $ $- LADWP TX NM DC CA CT NY CA SCE El Paso Santa Fe Washington Los Angeles Greenwich New York Los Angeles 31
32 Page 32 of 48 EPE Residential Average Monthly Electric Bills & Rates Comparison Electric Utilities Typical Monthly Bills Actual Average Monthly Bills October 4 Difference from Actual 500 kwh 1,000 kwh Usage Bill RATE PowerPoint Average Residential Rate City State Service Provider ($) ($) kwh ($) kwh Rate per kwh $ % El Paso TX El Paso Electric Company $ $ $ $ Santa Fe NM Public Service Co. of New Mexico $ $ $ $ $ $ % Washington DC Potomac Edison Power Co. $ $ $ $ $ $ % Los Angeles CA LA Dept. of Water and Power $ $ $ $ $ $ % Greenwich CT Connecticut Light and Power $ $ $ $ $ $ % New York NY Consolidated Edison Company $ $ $ $ $ $ % Los Angeles CA Southern California Edison $ $ $ $ $ $ % 32
33 Page 33 of 48 Typical Small Industrial Bill Comparison EPE vs. DTE 500 kw Demand $30,000 $25,000 $25,037 $25,875 $20,000 $20,901 $19,834 $15,000 $16,598 $16,702 $16,029 $17,261 $10,000 40% Load Factor 60% Load Factor 40% Load Factor 60% Load Factor General Service - Standard El Paso Electric Company (EPE) Source: Internal Company Data and filed tariffs DTE Energy (DTE) General Service - Time of Use 33
34 Page 34 of 48 EPE Rates are Comparable to Rates of Competitive Service Providers in Texas EPE Residential Rate vs. Texas Retail Electric Providers Fixed Pi Price Plans Average Prices at 500 kwh per Month EPE Avera age Cents per kwh EPE Residential and All Texas REP Fixed Price Residential Plans 34
35 Page 35 of 48 EPE has generation to meet customer needs Purchased Capacity Installed Capacity Native Peak Source: Internal Company Data 35
36 Page 36 of 48 Why Stock Repurchases Save Customers Money Before Repurchases After Repurchases Equity 1 25% Equity 2 25% Debt 1 25% Debt 2 25% Equity 1 33% Debt 1 33% Debt 2 33% ** Assumed equity cost - 12%. Assumed debt cost - 6%. Cost Before Stock Repurchases Debt Equity Total Cost Rate Base Financed $ 1,500,000,000 $ 1,500,000,000 Percent of Debt/Equity in Capital Structure 50.0% 50.0% Cost of Debt/Equity 6.00% 12.00% Annual cost to customers $ 45,000,000 $ 90,000,000 $ 135,000,000 Cost After Stock Repurchases Rate Base Financed $ 1,500,000,000 $ 1,500,000,000 Percent of Debt/Equity in Capital Structure 66.7% 33.3% Cost of Debt/Equity 6.00% 12.00% Annual cost to customers $ 60,030,000 $ 59,940,000 $ 119,970,000 DIFFERENCE $ (15,030,000) 36
37 Page 37 of 48 Why Good Credit Lowers Costs to Customers 6.00% 5.00% 4.00% 3.00% 2.00% Spread totreasuries 10 year Treasury (10/7/11) 1.00% 0.00% EPE (BBB) PNM (BBB-) EPE s credit rating BBB on an unsecured credit basis; PNM is rated BBB-, one notch lower than EPE On October 6, 2011, PNM issued 10 year unsecured notes for a coupon rate of 5.35% (10 year Treasury %) EPE has recently been quoted as being able to issue 10 year unsecured notes at a coupon rate of 3.85% (10 year Treasury %) EPE is seeking regulatory action to issue up to $300 million in fixed rate debt in the next couple of years to finance capital expenditures. A difference in coupon of this magnitude would result in a $4.5 million annual cost increase to customers or ~ $45 million over the life of the bond issuance S&P issued an issuer comment on EPE on September 21, 2011 stating, We could lower the rating if a rate reduction is imposed that diminishes credit metrics from 37 current levels.
38 EPE has the Newest Generation Fleet of Comparable Utilities Weighted Average Age of Generation Fleet EXHIBIT A Page 38 of EPE ETI SPS SWEPCO EPE ETI SPS SWEPCO Source: PUCT-Data taken from most recent Texas rate case filings 38
39 Page 39 of 48 Operating Cost Comparison Cost per Customer Analysis EE SPS ETI SWEPCO Net Production Plant 817, , ,944 1,093,213 Net Transmission Plant 148, , , ,875 Net Distribution Plant 521, , , ,220 NetRegional Transmission & Market OperPlant 0 0 3,406 0 Net General Plant 65, ,538 85, ,128 Net Electric Plant 1,552,163 2,092,556 1,923,716 2,834,436 Fixed Charge Percentage 12% 12% 12% 12% Cost of Electric Plant Recovery $ 186,260 $ 251, $ 230,846 $ 340,132 Depreciation Recovery $ 49,303 $ 20,721 $ 27,602 $ 144,243 Total Electric Operation & Maintenance Expense $ 274,020 $ 285,838 $ 181,715 $ 340,044 Fuel and Purchased Power $ 291,822 $ 1,011,623 $ 1,114,252 $ 747,170 Total Costs $ 801,405 $ 1,569,289 $ 1,554,415 $ 1,571,589 Total Customers 373, , , ,174 Annual Cost per Customer $ 2,148 $ 3,988 $ 3,819 $ 3,233 Source: FERC Form 1 39
40 Page 40 of 48 EPE Net Assets Serving Customers As of June 30, 2011 (000) Assets (UNADJUSTED) Generation Transmission Distribution General Total Plant in Service $ 2,252,136 $ 324,177 $ 807,204 $ 205,143 $ 3,588,660 Accumulated Depreciation ,383, , , , ,955,254 Net Plant in Service $ 868,667 $ 137,338 $ 533,425 $ 93,976 $ 1,633,406 Measure of fcomparison KW Peak Demand (000) 1,679 1,679 1,679 1,679 1,679 Number of customers 375, , , , ,784 Amount per KW Demand $ 517 $ 82 $ 318 $ 56 $ 973 Amount per Customer $ 2,312 $ 365 $ 1,419 $ 250 $ 4,347 Source: FERC Form 3-Q Quarterly Financial Report 40
41 Page 41 of 48 Public Utility Regulatory Act (PURA) PURA Section states: In establishing an electric utility's rates, the regulatory authority shall establish the utility's overall revenues at an amount that will permit the utility a reasonable opportunity to earn a reasonable return on the utility's invested capital used and useful in providing service to the public in excess of the utility's reasonable and necessary operating expenses. * Emphasis added 41
42 Page 42 of 48 Preliminary Rate Base as of June 30, 2011 Rate Base (Texas jurisdiction) Balance Pro Forma Adjusted June 30, 2011 Adjustments June 30, 2011 (000) * (000) (000) Electric plant in service $3,588,659 (864,820) $2,723,839 Accumulated depreciation (1,955,254) 899,348 (1,055,906) Net plant in service 1,633,405 34,528 1,667,933 Deferred taxes (278,751) 4,821 (273,930) Working capital and other 76, ,035 Total $1,430,689 $39, $1,470, Rate of Return 8.66% Return on invested capital $127,355 * Source: FERC Form 3-Q Quarterly Financial Report 42
43 Page 43 of 48 Preliminary Revenue Requirements Description June 30, 2011 (000) Pro Forma June 30, 2011 Adjustments Adjusted (000) (000) Fuel & purchased power in fuel clause $279,907 $0 $279,907 Purchase power capacity payments 2, ,536 Operation and maintenance expense 285,269 6, ,376 Depreciation 76,307 (924) 75,383 Decommissioning 7,629 (3,988) 3,641 Other taxes 56,079 1,490 57,569 Income taxes 49,149 (4,377) 44,772 Return 123,527 3, ,355 Total revenue requirements $880,403 $2,136 $882,539 * Source: FERC Form 3-Q Quarterly Financial Report and internal company data 43
44 Page 44 of 48 Preliminary Texas Rate Base Adjusted Texas Texas June 30, 2011 Jurisdiction Jurisdiction Rate Base (Texas jurisdiction) (000) Allocation (000) Electric plant in service $2,723, % $2,064,609 Accumulated depreciation (1,055,906) 77.01% (813,201) Net plant in service 1,667, % 1,251,408 Deferred taxes (273,930) 79.23% (217,039) Working capital and other 76, % 57,855 Total $1,470,038 $1,092,224 Rate of Return 8.66% 8.66% Return on invested capital $127, % $94,623 * Source: FERC Form 3-Q Quarterly Financial Report and internal company data 44
45 Description Preliminary Texas Revenue Requirements June 30, 2011 Texas Adjusted Jurisdiction (000) Allocation June 30, 2011 Adjusted (000) Fuel & purchased power energy $279, % $150,371 EXHIBIT A Page 45 of 48 Purchase power capacity expense 2, % 2,009 Operation and maintenance 291, % 229,307 Depreciation 75, % 58,112 Decommissioning and other 3, % 2,885 Other taxes 57, % 49,578 Income taxes 44, % 56% 33,744 Return 127, % 94,624 Total revenue requirements $882,539 $620,630 Less: Current revenues 602,191 Revenue deficiency $18,439 45
46 Page 46 of 48 Changes Since Last Rate Case Rate Base Texas Docket Jurisdiction Settlement (000) (000) Changes (000) Electric plant in service $2,064,609 $1,666,233 $398,376 Accumulated depreciation (813,201) (645,404) (167,797) Net plant in service $1,251,408 $1,020,829 $230,579 Revenue requirements Cost of service excluding fuel $470,259 $417,245 $53,014 Less: Other revenues (25,259) 259) (25,047) (212) Base revenue requirements $445,000 $392,198 $52,802 *Source: Approved in Docket No
47 Page 47 of 48 Projected Rate Base Additions (000 s) Projected Plant Depreciation Net Plant Year Additions Expense Additions July 2011 Dec $ 71,264 $ 46,016 $ 25, $157,868 $ 86,687 $ 71, $233,537 $ 92,416 $141, $208,974 $ 98,592 $110,382 Totals $671, $323,711 $347,932 Source: Internal Company Projections 47
48 Page 48 of 48 Electric Grid EPE Service Territory 48
Q Earnings Review August 9, 2016
Q2 2016 Earnings Review August 9, 2016 Safe Harbor Statement Statements made in this presentation that relate to future events or PNM Resources, Inc. s ( PNMR ), Public Service Company of New Mexico s
More informationFIRST QUARTER 2016 RESULTS. April 29, 2016
FIRST QUARTER 2016 RESULTS April 29, 2016 FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES This presentation contains forward-looking statements based on current expectations, including statements
More information2016 Earnings Guidance
2016 Earnings Guidance December 18, 2015 Safe Harbor Statement Statements made in this presentation that relate to future events or PNM Resources ( PNMR ), Public Service Company of New Mexico s ( PNM
More informationFOURTH QUARTER AND FULL-YEAR 2016 RESULTS. February 24, 2017
FOURTH QUARTER AND FULL-YEAR 2016 RESULTS February 24, 2017 FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES This presentation contains forward-looking statements based on current expectations,
More informationFOURTH QUARTER AND FULL-YEAR 2017 RESULTS. February 23, 2018
FOURTH QUARTER AND FULL-YEAR 2017 RESULTS February 23, 2018 FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES This presentation contains forward-looking statements based on current expectations,
More informationSECOND QUARTER 2017 RESULTS. August 3, 2017
SECOND QUARTER 2017 RESULTS August 3, 2017 FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES This presentation contains forward-looking statements based on current expectations, including statements
More informationFIRST QUARTER 2014 RESULTS. May 2, 2014
FIRST QUARTER 2014 RESULTS May 2, 2014 FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES This presentation contains forward-looking statements based on current expectations, including statements
More informationLarge Commercial Rate Simplification
Large Commercial Rate Simplification Presented to: Key Account Luncheon Red Lion Hotel Presented by: Mark Haddad Assistant Director/CFO October 19, 2017 Most Important Information First There is no rate
More informationEl Paso Electric Company Marketing Tour September 2015
El Paso Electric Company Marketing Tour September 2015 Safe Harbor Statement 2 This presentation includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions
More informationFOURTH QUARTER AND FULL-YEAR 2018 RESULTS. February 22, 2019
FOURTH QUARTER AND FULL-YEAR 208 RESULTS February 22, 209 FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES This presentation contains forward-looking statements based on current expectations,
More informationEl Paso Electric Announces Fourth Quarter and Annual 2017 Financial Results
NEWS RELEASE El Paso Electric Announces Fourth Quarter and Annual 2017 Financial Results 2/27/2018 EL PASO, Texas--(BUSINESS WIRE)-- El Paso Electric Company (NYSE:EE): Overview For the fourth quarter
More informationEEI Financial Conference. November 2017
EEI Financial Conference November 2017 Contact Information and Safe Harbor Statement Investor Relations Contact Information Lisa Goodman Jimmie Blotter, Assistant Treasurer Manager, Investor Relations
More information1
1 2 3 4 5 6 Attachment A TARIFF CONTROL NO. 41663 PETITION OF EL PASO ELECTRIC COMPANY FOR APPROVAL TO REVISE MILITARY BASE DISCOUNT RECOVERY FACTOR TARIFF PURSUANT TO PURA 36.354 PUBLIC UTILITY COMMISSION
More informationEEI Financial Conference November 2018
EEI Financial Conference November 2018 Contact Information and Safe Harbor Statement Investor Relations Contact Information Lisa Goodman Jimmie Blotter, Assistant Treasurer Manager, Investor Relations
More informationPG&E Corporation. Fourth Quarter Earnings Call February 21, 2013
1 PG&E Corporation Fourth Quarter Earnings Call February 21, 2013 This presentation is not complete without the accompanying statements made by management during the webcast conference call held on February
More informationAustin Energy Quarterly Financial Report
Item 10 Austin Energy Quarterly Financial Report Second Quarter Fiscal Year 2018 January - March Electric Utility Commission May 21, 2018 Disclaimer This information is unaudited and should be read in
More informationInfraREIT, Inc. Wolfe Research Power & Gas Leaders Conference September 2015
InfraREIT, Inc. Wolfe Research Power & Gas Leaders Conference September 2015 Safe Harbor Forward Looking Statements This presentation contains forward-looking statements about the business, financial performance,
More informationPG&E Corporation. First Quarter Earnings Call. May 2, 2013.
PG&E Corporation First Quarter Earnings Call May 2, 2013 This presentation is not complete without the accompanying statements made by management during the webcast conference call held on May 2, 2013.
More informationBank of America Energy & Power Conference November 16, 2004
Bank of America Energy & Power Conference November 16, 2004 Forward-Looking Statements This document may contain forward-looking statements within the meaning of the safe harbor of the Private Securities
More informationEL PASO ELECTRIC. Jefferies Marketing Tour June 2012
EL PASO ELECTIC Jefferies Marketing Tour June 2012 Safe Harbor Statement Statements in this presentation, other than statements of historical information, are forward-looking statements that are made pursuant
More informationPurpose-Driven Performance
Purpose-Driven Performance Late May Investor Meetings May 21-23, 2018 Cautionary Statements Use of Non-GAAP Financial Measures In this presentation, Ameren has presented core earnings per share, which
More informationSouthern California Edison Revised Cal. PUC Sheet No E Rosemead, California (U 338-E) Cancelling Revised Cal. PUC Sheet No.
Southern California Edison Revised Cal. PUC Sheet No. 62547-E Rosemead, California (U 338-E) Cancelling Revised Cal. PUC Sheet No. 57088-E APPLICABILITY Schedule CCA-INFO Sheet 1 Applicable to Community
More information2018 Texas Economic Outlook: Firing on All Cylinders
218 Texas Economic Outlook: Firing on All Cylinders Keith Phillips Assistant Vice President and Senior Economist 4/5/218 The views expressed in this presentation are strictly those of the presenter and
More informationQUARTERLY FINANCIAL REPORT December 31, 2017
California Independent System Operator QUARTERLY FINANCIAL REPORT December 31, 2017 Preliminary and Unaudited 250 Outcropping Way Folsom, CA 95630 (916) 351-4000 CALIFORNIA INDEPENDENT SYSTEM OPERATOR
More informationQUARTERLY FINANCIAL REPORT March 31, 2018
California Independent System Operator QUARTERLY FINANCIAL REPORT March 31, 2018 250 Outcropping Way Folsom, CA 95630 (916) 351-4000 CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION QUARTERLY FINANCIAL
More information4TH QUARTER AND FULL-YEAR 2013 RESULTS. February 21, 2014
4TH QUARTER AND FULL-YEAR 2013 RESULTS February 21, 2014 FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES This presentation contains forward-looking statements based on current expectations,
More informationQUARTERLY FINANCIAL REPORT June 30, 2017
California Independent System Operator QUARTERLY FINANCIAL REPORT June 30, 2017 250 Outcropping Way Folsom, CA 95630 (916) 351-4000 CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION QUARTERLY FINANCIAL
More information4th Quarter 2011 Earnings & 2012 Guidance Call February 16, 2012
Bill Johnson Chairman, President & CEO 4th Quarter 2011 Earnings & 2012 Guidance Call February 16, 2012 Mark Mulhern Chief Financial Officer Caution Regarding Forward-Looking Statements This presentation
More informationMarch 2019 ARP Rate Call Package
March 219 ARP Rate Call Package FMPA Executive Committee April 9, 219 March 219 Key Discussion Items ARP avg. gas cost for February was $2.67/MMBtu (~8% below budget). Current forward curve is $.12/MMBtu
More informationYour electricity bill
P.O. Box 300 Rosemead, CA 91772-0001 www.sce.com Your electricity bill DOM DA NON-CON / Page 1 of 6 15 For billing and service inquiries call 1-800-799-4723, 24 hrs a day, 7 days a week Date bill prepared:
More informationPG&E Corporation. Second Quarter Earnings Call. July 31, 2013
PG&E Corporation Second Quarter Earnings Call July 31, 2013 This presentation is not complete without the accompanying statements made by management during the webcast conference call held on July 31,
More informationElectric Price Outlook for Indiana High Load Factor (HLF) customers December 2016
Electric Price Outlook for Indiana High Load Factor (HLF) customers December 2016 Price projection We project our prices for High Load Factor customers to increase 4 to 6 percent in 2017 compared to 2016.
More informationTexas Cities Debt Summary
Texas Cities Debt Summary Quick Facts FY 2009 Number of Issuers 224 Number of Bond Issues 393 Total New Money Issued 5,012,273,054 Total Refunding Money Issued $3,211,729,106 Total Par Amount Issued $8,224,002,160
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event
More informationAFRICAN UTILITY WEEK 2009 At van der Merwe & Louis Fourie
Utility Sustainability- Business Essentials AFRICAN UTILITY WEEK 2009 At van der Merwe & Louis Fourie BUSINESS IS LIKE THE WEATHER- EVERYONE TALKS ABOUT IT, BUT FEW UNDERSTAND WHERE IT COMES FROM PRF 2
More informationMONTHLY FINANCIAL REPORT June 2009
California Independent System Operator MONTHLY FINANCIAL REPORT June 2009 151 Blue Ravine Road Folsom, CA 95630 (916) 351-4000 CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION MONTHLY FINANCIAL REPORT
More informationBEFORE THE NEW MEXICO PUBLIC REGULATION COMMISSION ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) NOTICE TO SPS CUSTOMERS
BEFORE THE NEW MEXICO PUBLIC REGULATION COMMISSION IN THE MATTER OF SOUTHWESTERN PUBLIC SERVICE COMPANY S ENERGY EFFICIENCY COMPLIANCE APPLICATION THAT REQUESTS AUTHORIZATION TO: (1 PER APPROVED VARIANCE,
More informationNew York Investor Meetings
New York Investor Meetings May 10, 2016 Safe Harbor Except for the historical statements contained in this release, the matters discussed herein, are forwardlooking statements that are subject to certain
More informationMerrill Lynch Power & Gas Leaders Conference September 26, 2007
Merrill Lynch Power & Gas Leaders Conference September 26, 2007 John Bryson, Chairman, Chief Executive Officer and President Forward-Looking Statements Statements contained in this presentation about future
More information2016 Second Quarter Results. Maracay Homes Pardee Homes Quadrant Homes Trendmaker Homes TRI Pointe Homes Winchester Homes
2016 Second Quarter Results Maracay Homes Pardee Homes Quadrant Homes Trendmaker Homes TRI Pointe Homes Winchester Homes Forward Looking Statement Various statements contained in this presentation, including
More informationElectric Price Outlook for Indiana Low Load Factor (LLF) customers December 2016
Electric Price Outlook for Indiana Low Load Factor (LLF) customers December 2016 Price projection We project our prices for Low Load Factor customers to increase 4 to 6 percent in 2017 compared to 2016.
More informationPublic Service Enterprise Group
Public Service Enterprise Group PSEG Earnings Conference Call 1 st Quarter 2018 April 30, 2018 Forward-Looking Statements Certain of the matters discussed in this presentation about our and our subsidiaries
More information2003 Annual Report on Market Issues and Performance
2003 Annual Report on Market Issues and Performance Board of Governors Meeting April 22, 2004 Greg Cook Manager of Market Monitoring Issues in 2003-04 CALIFORNIA ISO and FERC: Continue to work through
More informationContents About this Report May 2017 Border Summary Housing
Contents About this Report... 2 May 2017 Border Summary... 3 Business Cycle Index... 7 Total Construction Values... 7 Residential Construction Values... 8 Nonresidential Construction Values... 8 Employment
More informationCiti Power, Gas & Utilities Conference
Citi Power, Gas & Utilities Conference June 5-6, 2008 1 Cautionary Statements Regulation G Statement Ameren has presented certain information in this presentation on a diluted cents per share basis. These
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event
More informationActual neighborhood of Sunrun customer homes
This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements
More informationPUBLIC SERVICE CO OF NEW MEXICO
PUBLIC SERVICE CO OF NEW MEXICO FORM 10-Q (Quarterly Report) Filed 8/9/2006 For Period Ending 6/30/2006 Address ALVARADO SQUARE, MS2706 ALBUQUERQUE, New Mexico 87158 Telephone 505-848-2700 CIK 0000081023
More informationEl Paso Electric Company
Wellington Shields & Company West Coast Seminar March 23-24, 2011 Company Safe Harbor Statement Statements in this presentation, other than statements of historical information, are forward-looking statements
More information2017 Third Quarter Results. Maracay Homes Pardee Homes Quadrant Homes Trendmaker Homes TRI Pointe Homes Winchester Homes
2017 Third Quarter Results Maracay Homes Pardee Homes Quadrant Homes Trendmaker Homes TRI Pointe Homes Winchester Homes Forward Looking Statement Various statements contained in this presentation, including
More informationATLANTIC CITY ELECTRIC COMPANY BPU NJ
Attachment 1 Attachment 1 Page 1 of 3 ATLANTIC CITY ELECTRIC COMPANY BPU NJ No. 11 Electric Service - Section IV Revised Sheet Replaces Revised Sheet No. 60 RIDER (BGS) Basic Generation Service (BGS) Basic
More informationAmerican Gas Association Financial Forum
American Gas Association Financial Forum May 2008 1 Warner Baxter Executive Vice President & Chief Financial Officer 2 Cautionary Statements Regulation G Statement Ameren has presented certain information
More information2017 First Quarter Results. Maracay Homes Pardee Homes Quadrant Homes Trendmaker Homes TRI Pointe Homes Winchester Homes
217 First Quarter Results Maracay Homes Pardee Homes Quadrant Homes Trendmaker Homes TRI Pointe Homes Winchester Homes Forward Looking Statement Various statements contained in this presentation, including
More informationMESA ROYALTY TRUST FEDERAL INCOME TAX INFORMATION
MESA ROYALTY TRUST 1999 FEDERAL INCOME TAX INFORMATION FEDERAL INCOME TAX INFORMATION Instructions for Schedules A, B and C Schedule A For Certificate Holders who file income tax returns on the basis of
More informationCalifornia ISO Report. Regional Marginal Losses Surplus Allocation Impact Study
California ISO Report Regional Surplus Allocation Impact Study October 6, 2010 Regional Surplus Allocation Impact Study Table of Contents Executive Summary... 3 1 Issue and Background... 3 2 Study Framework...
More informationMESA ROYALTY TRUST FEDERAL INCOME TAX INFORMATION
MESA ROYALTY TRUST 2006 FEDERAL INCOME TAX INFORMATION MESA ROYALTY TRUST (The Trust ) 2006 FEDERAL INCOME TAX INFORMATION Instructions for Schedules A, B and C Schedule A For Certificate Holders who
More informationPG&E Corporation: Strong Core Growth and Future Demand-Side Earnings
PG&E Corporation: Strong Core Growth and Future Demand-Side Earnings Christopher P. Johns, CFO Lehman Brothers CEO Energy / Power Conference September 4 6, 2007 New York, NY 1 Cautionary Statement Regarding
More informationContents About this Report... 2 April 2017 Border Summary... 3 Economic Activity... 7 Housing... 11
Contents About this Report... 2 April 2017 Border Summary... 3 Economic Activity... 7 Business Cycle Index... 7 Total Construction Values... 7 Residential Construction Values... 8 Nonresidential Construction
More informationLead Today. Transform Tomorrow.
Lead Today. Transform Tomorrow. EEI Financial Conference Nov. 6-7, 2017 Cautionary Statements Use of Non-GAAP Financial Measures In this presentation, Ameren has presented core earnings per share and core
More informationAPPROVED February 27, 2018 DIRECTOR of PUBLIC UTILITY DIVISION
February 27, 2018 February 27, 2018 February 27, 2018 Supplemental Page Fuel Cost Adjustment Factors Public Service Company Oklahoma Fuel Cost Adjustment Factors ($/kwh) Period Service Service Service
More informationThe U.S. and California Is The Recovery Here at Last? UCLA Anderson School of
The U.S. and California Is The Recovery Here at Last? Jerry Nickelsburg Senior Economist UCLA Anderson Forecast State of the County January 20, 2010 SEPTEMBER 2008 In September 2008 Financial Markets Stopped
More informationPlunging Oil Prices: Impact on the U.S. and State Economies
Plunging Oil Prices: Impact on the U.S. and State Economies Mine Yücel Senior Vice President and Director of Research November 17, 216 Nominal price, weekly 16 14 Oil and gas prices volatile 12 1 Oil price
More informationManagement Comments. February 12, 2015
Management Comments February 12, 2015 Average Bill, Not Average Cost of Service Court Rich: according to this Exhibit 6, 62.4 percent of the people in E-23 are paying less than the average cost of service,
More informationLead Today. Transform Tomorrow.
Lead Today. Transform Tomorrow. Evercore ISI Utility Conference Jan. 11, 2018 Cautionary Statements Tax Reform Information provided in this presentation does not reflect changes to federal corporate income
More information1st Quarter Earnings Call May 5, 2011
1st Quarter Earnings Call May 5, 2011 Bill Johnson Mark Mulhern Chairman, President & CEO Chief Financial Officer Caution Regarding Forward-Looking Statements This presentation contains forward-looking
More informationWest Coast Utilities Seminar December 13, 2007
West Coast Utilities Seminar December 13, 2007 Forward Looking Statements This presentation contains forward-looking statements based on current expectations, and neither Pinnacle West Capital Corporation
More informationSTATE OF NEW JERSEY BOARD OF PUBLIC UTILITIES : : : : : South Jersey Gas Company ( South Jersey ) files this Petition with the New Jersey Board
STATE OF NEW JERSEY BOARD OF PUBLIC UTILITIES IN THE MATTER OF THE PETITION OF SOUTH JERSEY GAS COMPANY FOR APPROVAL TO REVISE THE COST RECOVERY CHARGE ASSOCIATED WITH ENERGY EFFICIENCY PROGRAMS ( EET
More informationPacific Gas and Electric Company. Statement of Estimated Cash Flows April 20, 2001
Pacific Gas and Electric Company Statement of Estimated Cash Flows April 20, 2001 This document provides the latest forecast of cash flows for Pacific Gas and Electric Company (the Company ). The purpose
More information2 nd Quarter Earnings Call Tuesday, August 7, 2018
Delivering today for a brighter tomorrow 2 nd Quarter Earnings Call Tuesday, August 7, 2018 P PPL Corporation 2018 1 Cautionary Statements and Factors That May Affect Future Results Any statements made
More informationPRELIMINARY STATEMENT Sheet 2
Southern California Edison Revised Cal. PUC Sheet No. 30251-E Rosemead, California Cancelling Revised Cal. PUC Sheet No. 28274-E PRELIMINARY STATEMENT Sheet 2 N. MEMORANDUM ACCOUNTS 2. Definitions. d.
More informationSouthern California Edison Revised Cal. PUC Sheet No E Rosemead, California (U 338-E) Cancelling Revised Cal. PUC Sheet No.
Southern California Edison Revised Cal. PUC Sheet No. 64407-E Rosemead, California (U 338-E) Cancelling Revised Cal. PUC Sheet No. 43778-E Schedule NMDL Sheet 1 APPLICABILITY This Schedule is applicable
More informationCon Edison, Inc. February 5, Credit Suisse Energy Summit 2013
Con Edison, Inc. February 5, 2013 Credit Suisse Energy Summit 2013 1 Forward-Looking Statements This presentation includes certain forward-looking statements intended to qualify for safe-harbor provisions
More informationI=PL. <?? (Jl --. { February 15, 2015
Florida Power & Light Company, 7 Universe Blvd, Juno Beach FL. 3348-42 I=PL February 15, 215 Mr. Bart Fletcher Public Utilities Supervisor Division of Accounting and Finance Florida Public Service Commission
More informationNew York City March 3, Morgan Stanley MLP/Diversified Natural Gas, Utilities & Clean Tech Conference
New York City March 3, 2016 Morgan Stanley MLP/Diversified Natural Gas, Utilities & Clean Tech Conference Forward-Looking Statements Statements contained in this presentation that include company expectations
More informationSeptember 1, Southern California Edison Company/ Docket No. ER
Anna J. Valdberg Senior Attorney anna.valdberg@sce.com September 1, 2011 Ms. Kimberly D. Bose, Secretary Federal Energy Regulatory Commission 888 First Street, N.E. Washington, DC 20426 Re: Southern California
More informationPurpose-Driven Performance
Purpose-Driven Performance East Coast Investor Meetings March 20-21, 2018 UBS European Tour March 20-22, 2018 Cautionary Statements Use of Non-GAAP Financial Measures In this presentation, Ameren has presented
More information2017 Fourth Quarter and Full Year Results. Maracay Homes Pardee Homes Quadrant Homes Trendmaker Homes TRI Pointe Homes Winchester Homes
217 Fourth Quarter and Full Year Results Maracay Homes Pardee Homes Quadrant Homes Trendmaker Homes TRI Pointe Homes Winchester Homes Forward Looking Statement Various statements contained in this presentation,
More informationWashington Gas Light Company Utility Rate Requests District of Columbia Formal Case No Decision May 15, 2013
Washington Gas Light Company Utility Rate Requests District of Columbia Formal Case No. 1093 Decision May 15, 2013 July 25, 2013 Update to AOBA Utility Committee Meeting 1 Formal Case No. 1093 Base Rate
More informationLead Today. Transform Tomorrow.
Lead Today. Transform Tomorrow. AGA Financial Forum May 22, 2017 New York and Boston Investor Meetings September 2016 Cautionary Statements Use of Non-GAAP Financial Measures In this presentation, Ameren
More informationUNITED STATES OF AMERICA BEFORE THE FEDERAL ENERGY REGULATORY COMMISSION EXHIBIT SCE-4 EXHIBIT TO THE TESTIMONY OF MR. BERTON J.
UNITED STATES OF AMERICA BEFORE THE FEDERAL ENERGY REGULATORY COMMISSION ) Southern California Edison Company ) ) Dkt. No. ER18- -000 EXHIBIT SCE-4 EXHIBIT TO THE TESTIMONY OF MR. BERTON J. HANSEN ON BEHALF
More informationDocket No. DE Dated: 06/16/2017 Attachment CJG-1 Page 1
Docket No. DE 16-8 Dated: 06/16/017 Attachment CJG-1 Page 1 1 3 4 6 7 8 9 Summary of Forecasted Energy Service 10 Cost For January 017 through December 017 TOTAL COST Cents per KWH Reference 11 1 Fossil
More informationPalm Beach, Fla. January 12-13, Evercore ISI Utility CEO Conference
Palm Beach, Fla. January 12-13, 2017 Evercore ISI Utility CEO Conference Forward-Looking Statements Statements contained in this presentation that include company expectations or predictions should be
More informationVECTRA BANK 23 RD ANNUAL ECONOMIC FORECAST BREAKFAST START SMART IN 2016! Member FDIC VectraBank.com
VECTRA BANK 23 RD ANNUAL ECONOMIC FORECAST BREAKFAST START SMART IN 2016! Member FDIC VectraBank.com Economic Presentation April 26, 2016 Tatiana Bailey, Ph.D. Director, UCCS Economic Forum A Little Humor
More informationProgress Energy announces 2011 results and 2012 earnings guidance
Progress Energy announces 2011 results and 2012 earnings guidance Highlights: Full Year 2011 Reports 2011 GAAP earnings of $1.94 per share, compared to $2.95 per share in 2010, primarily due to a $0.60
More informationFurther information on mid-year tariff changes following the September 2010 Customer Seminars
Further information on mid-year tariff changes following the September 2010 Customer Seminars National Grid received a number of questions at the Customer Seminars on National Grid s proposal to update
More informationBusiness Overview. Jim Scilacci Senior VP and CFO, Edison Mission Group. Lehman Brothers High Yield Bond and Syndicated Loan Conference
Business Overview Jim Scilacci Senior VP and CFO, Edison Mission Group Lehman Brothers High Yield Bond and Syndicated Loan Conference March 15, 2006 Forward-Looking Statement This presentation contains
More informationNew York City March 2, Morgan Stanley MLP/Diversified Natural Gas, Utilities & Clean Tech Conference
New York City March 2, 2017 Morgan Stanley MLP/Diversified Natural Gas, Utilities & Clean Tech Conference Forward-Looking Statements Statements contained in this presentation that include company expectations
More information6 MCF REPORT RESIDENTIAL GAS BILL ANALYSIS TEXAS DISTRIBUTION UTILITIES. Second Quarter Published by:
Chairman Christi Craddick Commissioner Ryan Sitton Commissioner Wayne Christian 6 MCF REPORT RESIDENTIAL GAS BILL ANALYSIS TEXAS DISTRIBUTION UTILITIES Second Quarter - 2017 Published by: Gas s Department,
More informationA Perspective from the Federal Reserve Institute of Internal Auditors San Antonio Chapter August 19, 2015 Blake Hastings Senior Vice President
A Perspective from the Federal Reserve Institute of Internal Auditors San Antonio Chapter August 19, 215 Blake Hastings Senior Vice President The views expressed in this presentation are strictly those
More informationFOURTH QUARTER EARNINGS CALL. February 16, 2017
FOURTH QUARTER EARNINGS CALL February 16, 2017 Forward Looking Statements This slide presentation contains forecasts and estimates of PG&E Corporation s 2017 financial results, 2017 items impacting comparability,
More informationSouthern California Edison Revised Cal. PUC Sheet No E Rosemead, California (U 338-E) Cancelling Revised Cal. PUC Sheet No.
Southern California Edison Revised Cal. PUC Sheet No. 59107-E Rosemead, California (U 338-E) Cancelling Revised Cal. PUC Sheet No. 57595-E Schedule TOU-GS-3 Sheet 1 APPLICABILITY Applicable to single-
More informationGreat Plains Energy. First Quarter 2011 Earnings Presentation. May 6, First Quarter 2011 Earnings
Great Plains Energy First Quarter 2011 Earnings Presentation May 6, 2011 Forward-Looking Statement Statements made in this presentation that are not based on historical facts are forward-looking, may involve
More informationSecond Quarter 2018 Earnings Call. August 9, 2018
Second Quarter 2018 Earnings Call August 9, 2018 Important Information Forward Looking Statements Statements made in this presentation that are not based on historical facts are forward-looking, may involve
More informationAttachment 2 to Appendix IX Formula Rate Spreadsheet
Attachment 2 to Appendix IX Formula Rate Spreadsheet Table of Contents Worksheet Name Schedule Purpose Overview Base TRR Components. BaseTRR 1 Full Development of Retail and Wholesale Base TRRs IFPTRR
More informationThe Economic Backdrop When will this cycle end?
The Economic Backdrop When will this cycle end? How far are we into the current economic expansion? Current expansion in 8 th year; 4 th longest since 1960 Length of economic expansions (months) Apr-91-Feb-01
More informationFDD FIRM STORAGE SERVICE NORTHERN NATURAL GAS COMPANY
FDD FIRM STORAGE SERVICE NORTHERN NATURAL GAS COMPANY FIRM STORAGE SERVICE OPTIONS Northern s firm storage service is provided pursuant to the FDD Rate Schedule located in Northern s FERC Gas Tariff. The
More informationPower Accountants Association Annual Meeting Potential Impacts from Oct 2015 Rate Change
Power Accountants Association Annual Meeting Potential Impacts from Oct 2015 Rate Change Material Provided by: Chris Mitchell Chris Mitchell Management Consultants (CMMC) mail@chrismitchellmc.com 5/14/2015
More informationSouthern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No.
Southern California Edison Revised Cal. PUC Sheet No. 34727-E Rosemead, California Cancelling Revised Cal. PUC Sheet No. 34492-E 34493-E* Schedule DM Sheet 1 APPLICABILITY Applicable to domestic service
More informationAttachment 2 to Appendix IX Formula Rate Spreadsheet
Attachment 2 to Appendix IX Formula Rate Spreadsheet Table of Contents Worksheet Name Schedule Purpose Overview Base TRR Components. BaseTRR 1 Full Development of Retail and Wholesale Base TRRs IFPTRR
More informationAttachment 2 to Appendix IX Formula Rate Spreadsheet
Attachment 2 to Appendix IX Formula Rate Spreadsheet Table of Contents Worksheet Name Schedule Purpose Overview Base TRR Components. BaseTRR 1 Full Development of Retail and Wholesale Base TRRs IFPTRR
More information