PRELIMINARY STATEMENT Sheet 2

Transcription

1 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 2 N. MEMORANDUM ACCOUNTS 2. Definitions. d. Specified Project Section No. Specified Project Interest Bearing Memorandum Account* (1) Not Used (2) Not Used (3) Not Used (4) Catastrophic Event Yes (5) Not Used (6) Local Area Revenue Mechanism Yes (7) Capital Additions Tracking Account No (8) CDWR Charges and Net Short Procurement Costs Tracking Account No (9) Commission Directed Tracking Acocunt No (10) Research, Development, and Demonstration Royalties Yes (11) Not Used (12) Not Used (13) Not Used (14) Income Tax Component of Contribution Yes Memorandum Account (15) Demand Side Management Earnings Yes Memorandum Account (16) Not Used (17) Electric Vehicle Memorandum Account Yes (18) Independent System Operator Memorandum Account Yes (ISO Memorandum Account) (19) Power Exchange Memorandum Account Yes (PX Memorandum Account) (20) Transition Cost Audit Memorandum Account Yes (TCA Memorandum Account) (21) Divestiture of Fossil Generation Yes Memorandum Account (DFG Memorandum Account) (22) Telecommunication Lease Revenue Memorandum Yes Account (TLR Memorandum Account) (23) Competition Transition Charge Exemption Yes Memorandum Account (CTCE Memorandum Account) (24) Industry Restructuring Memorandum Account Yes (IR Memorandum Account) (25) PBR Distribution Revenue Sharing Memorandum Account Yes (26) PBR Distribution Rate Performance Memorandum Account Yes (PDRPMA) (27) Secondary Land Use Revenue Memorandum Account Yes (SLUR Memorandum Account) (28) Not Used (29) Reduced Return On Equity Memorandum Account Yes (RROE Memorandum Account) (30) Rate Reduction Bond Memorandum Account Yes (RRB Memorandum Account) (31) Risk Management Tools Memorandum Account Yes (RMTMA Memorandum Account) (32) Flexible Pricing Options (FPO)/Competition Transition Charge (CTC) Memorandum Account Yes (FPO/CTC Memorandum Account) (33) Not Used (N) (N) * Interest shall accrue monthly to interest-bearing Memorandum Accounts by applying the Interest Rate to the average of the beginning and ending balance. Advice 1586-E-A John R. Fielder Date Filed Feb 4, 2002 Decision Senior Vice President Effective Sep 1, H5 E-3765

2 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 2 N. MEMORANDUM ACCOUNTS 2. Definitions. d. Specified Project Section No. Specified Project Interest Bearing Memorandum Account* (1) Not Used (2) Not Used (3) Not Used (4) Catastrophic Event Yes (5) Not Used (6) Local Area Revenue Mechanism Yes (7) Not Used No (8) Not Used (9) Not Used (10) Research, Development, and Demonstration Royalties Yes (11) Not Used (12) Not Used (13) Not Used (14) Income Tax Component of Contribution Yes Memorandum Account (15) Demand Side Management Earnings Yes Memorandum Account (16) Not Used (17) Electric Vehicle Memorandum Account Yes (18) Independent System Operator Memorandum Account Yes (ISO Memorandum Account) (19) Power Exchange Memorandum Account Yes (PX Memorandum Account) (20) Transition Cost Audit Memorandum Account Yes (TCA Memorandum Account) (21) Divestiture of Fossil Generation Yes Memorandum Account (DFG Memorandum Account) (22) Telecommunication Lease Revenue Memorandum Yes Account (TLR Memorandum Account) (23) Competition Transition Charge Exemption Yes Memorandum Account (CTCE Memorandum Account) (24) Industry Restructuring Memorandum Account Yes (IR Memorandum Account) (25) PBR Distribution Revenue Sharing Memorandum Account Yes (26) PBR Distribution Rate Performance Memorandum Account Yes (PDRPMA) (27) Secondary Land Use Revenue Memorandum Account Yes (SLUR Memorandum Account) (28) Not Used (29) Reduced Return On Equity Memorandum Account Yes (RROE Memorandum Account) (30) Rate Reduction Bond Memorandum Account Yes (RRB Memorandum Account) (31) Risk Management Tools Memorandum Account Yes (RMTMA Memorandum Account) (32) Flexible Pricing Options (FPO)/Competition Transition Charge (CTC) Memorandum Account Yes (FPO/CTC Memorandum Account) (33) Not Used * Interest shall accrue monthly to interest-bearing Memorandum Accounts by applying the Interest Rate to the average of the beginning and ending balance. Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H2

3 Southern California Edison Revised Cal. PUC Sheet No E** Rosemead, California Cancelling Revised Cal. PUC Sheet No E** PRELIMINARY STATEMENT Sheet 3 N. MEMORANDUM ACCOUNTS 2. Definitions. d. Specified Project Section Interest Bearing No. Specified Project Memorandum Account* (34) SONGS 2&3 Permanent Closure Memorandum Account Yes (35) SONGS 2&3 Property Tax Memorandum Account Yes (36) Palo Verde Permanent Closure Memorandum Account Yes (37) California Public Utilities (PU) CODE SECTION Yes CTC Displacement Tracking Memorandum Account (38) California Public Utilities (PU) CODE SECTION 381 (d) - No Renewable Program Tracking Memorandum count (39) Not Used (40) Independent System Operator Revenue Memorandum Yes** Account (41) Power Exchange Revenue Memorandum Account Yes** (42) Unavoidable Fuel Contract Costs Memorandum Yes (43) Hydro Generation Memorandum Account Yes** (44) Increased Return on Equity on Divestiture Yes Memorandum Account (45) Not Used (46) Not Used (47) Non-nuclear Generation Capital Additions (NGCA) Memorandum Account Yes (48) Transmission Revenue Requirement Reclassification Yes Memorandum Account (TRRRMA) (49) Santa Catalina Island Diesel Fuel (SCIDF) Yes Memorandum Account (50) Streamlining Residual Memorandum Account (SRA) Yes (51) Not Used (52) Direct Access Discretionary Services Costs (DADSC) Yes Memorandum Account (DADSC Memorandum Account) (53) Affiliate Transfer Fee Memorandum Account Yes (54) Fuel Oil Inventory Memorandum Account (FOIMA) Yes (55) Energy Efficiency DSM (EEDSM) Memorandum Account Yes (56) Block-Forward Market Memorandum Account (BFMMA) Yes (57) Power Exchange Credit Audit Memorandum Account (PXCA Memorandum Account) Yes (58) Interim Power Exchange Market Clearing Price (IPXMCP) Memorandum Account Yes (59) Hourly Pricing Implementation Cost (HPIC) Memorandum Account Yes (60) Voluntary Power Reduction Credit Memorandum Account (VPRCMA) Yes (61) Applicant Installed Trench Inspection Memorandum Account (AITIMA) No (62) Air Conditioner Cycling Memorandum Account (ACCMA) Yes (63) Short-Term Generation Capacity Memorandum Account (STGCMA) Yes** (64) Near-Term Bilateral Contracts (NTBC) Memorandum Account Yes (65) Nuclear Claims Memorandum Account (NCMA) Yes (66) Interruptible Programs Excess Energy Charges (IPEECMA) Memorandum Account Yes (67) Interruptible Load Program (ILP) Memorandum Account Yes * Interest shall accrue monthly to interest-bearing Memorandum Accounts by applying the Interest Rate to the average of the beginning and ending balance. ** Interest shall accrue monthly to credit balances only. See specific memorandum accounts for more information. Advice 1530-E John R. Fielder Date Filed Apr 9, 2001 Decision Senior Vice President Effective Apr 14, H4

4 Southern California Edison Revised Cal. PUC Sheet No E** Rosemead, California Cancelling Revised Cal. PUC Sheet No E* PRELIMINARY STATEMENT Sheet 3 N. MEMORANDUM ACCOUNTS 2. Definitions. d. Specified Project Section Interest Bearing No. Specified Project Memorandum Account* (34) SONGS 2&3 Permanent Closure Memorandum Account Yes (35) SONGS 2&3 Property Tax Memorandum Account Yes (36) Palo Verde Permanent Closure Memorandum Account Yes (37) California Public Utilities (PU) CODE SECTION Yes CTC Displacement Tracking Memorandum Account (38) California Public Utilities (PU) CODE SECTION 381 (d) - No Renewable Program Tracking Memorandum count (39) Not Used (40) Independent System Operator Revenue Memorandum Yes** Account (41) Power Exchange Revenue Memorandum Account Yes** (42) Unavoidable Fuel Contract Costs Memorandum Yes (43) Hydro Generation Memorandum Account Yes** (44) Increased Return on Equity on Divestiture Yes Memorandum Account (45) Not Used (46) Not Used (47) Non-nuclear Generation Capital Additions (NGCA) Memorandum Account Yes (48) Transmission Revenue Requirement Reclassification Yes Memorandum Account (TRRRMA) (49) Santa Catalina Island Diesel Fuel (SCIDF) Yes Memorandum Account (50) Streamlining Residual Memorandum Account (SRA) Yes (51) Not Used (52) Direct Access Discretionary Services Costs (DADSC) Yes Memorandum Account (DADSC Memorandum Account) (53) Affiliate Transfer Fee Memorandum Account Yes (54) Fuel Oil Inventory Memorandum Account (FOIMA) Yes (55) Energy Efficiency DSM (EEDSM) Memorandum Account Yes (56) Block-Forward Market Memorandum Account (BFMMA) Yes (57) Power Exchange Credit Audit Memorandum Account (PXCA Memorandum Account) Yes (58) Interim Power Exchange Market Clearing Price (IPXMCP) Memorandum Account Yes (59) Hourly Pricing Implementation Cost (HPIC) Memorandum Account Yes (60) Voluntary Power Reduction Credit Memorandum Account (VPRCMA) Yes (61) Applicant Installed Trench Inspection Memorandum Account (AITIMA) No (62) Air Conditioner Cycling Memorandum Account (ACCMA) Yes (63) Short-Term Generation Capacity Memorandum Account (STGCMA) Yes** (64) Near-Term Bilateral Contracts (NTBC) Memorandum Account Yes (65) Nuclear Claims Memorandum Account (NCMA) Yes (66) Interruptible Programs Excess Energy Charges (IPEECMA) Memorandum Account Yes (D) (D) (D) (D) * Interest shall accrue monthly to interest-bearing Memorandum Accounts by applying the Interest Rate to the average of the beginning and ending balance. ** Interest shall accrue monthly to credit balances only. See specific memorandum accounts for more information. Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H28

5 Southern California Edison Revised Cal. PUC Sheet No E* Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 3 N. MEMORANDUM ACCOUNTS 2. Definitions. d. Specified Project Section Interest Bearing No. Specified Project Memorandum Account* (34) SONGS 2&3 Permanent Closure Memorandum Account Yes (35) SONGS 2&3 Property Tax Memorandum Account Yes (36) Palo Verde Permanent Closure Memorandum Account Yes (37) California Public Utilities (PU) CODE SECTION Yes CTC Displacement Tracking Memorandum Account (38) California Public Utilities (PU) CODE SECTION 381 (d) - No Renewable Program Tracking Memorandum count (39) Rate Group Tracking Memorandum Account No (40) Independent System Operator Revenue Memorandum Yes** Account (41) Power Exchange Revenue Memorandum Account Yes** (42) Unavoidable Fuel Contract Costs Memorandum Yes (43) Hydro Generation Memorandum Account Yes** (44) Increased Return on Equity on Divestiture Yes Memorandum Account (45) Deemed Fossil Inventory Memorandum Account Yes (46) Jurisdictional Allocation Memorandum Account Yes (47) Non-nuclear Generation Capital Additions (NGCA) Memorandum Account Yes (48) Transmission Revenue Requirement Reclassification Yes Memorandum Account (TRRRMA) (49) Santa Catalina Island Diesel Fuel (SCIDF) Yes Memorandum Account (50) Streamlining Residual Memorandum Account (SRA) Yes (51) ISO/PX Implementation Delay Memorandum Account Yes (52) Direct Access Discretionary Services Costs (DADSC) Yes Memorandum Account (DADSC Memorandum Account) (53) Affiliate Transfer Fee Memorandum Account Yes (54) Fuel Oil Inventory Memorandum Account (FOIMA) Yes (55) Energy Efficiency DSM (EEDSM) Memorandum Account Yes (56) Block-Forward Market Memorandum Account (BFMMA) Yes (57) Power Exchange Credit Audit Memorandum Account (PXCA Memorandum Account) Yes (58) Interim Power Exchange Market Clearing Price (IPXMCP) Memorandum Account Yes (59) Hourly Pricing Implementation Cost (HPIC) Memorandum Account Yes (60) Voluntary Power Reduction Credit Memorandum Account (VPRCMA) Yes (61) Applicant Installed Trench Inspection Memorandum Account (AITIMA) No (62) Air Conditioner Cycling Memorandum Account (ACCMA) Yes (63) Short-Term Generation Capacity Memorandum Account (STGCMA) Yes** (64) Near-Term Bilateral Contracts (NTBC) Memorandum Account Yes (65) Nuclear Claims Memorandum Account (NCMA) Yes (66) Interruptible Programs Excess Energy Charges (IPEECMA) Memorandum Account Yes * Interest shall accrue monthly to interest-bearing Memorandum Accounts by applying the Interest Rate to the average of the beginning and ending balance. (N) (N) ** Interest shall accrue monthly to credit balances only. See specific memorandum accounts for more information. Advice 1517-E John R. Fielder Date Filed Feb 5, 2001 Decision Senior Vice President Effective Jan 26, H25

6 Southern California Edison Revised Cal. PUC Sheet No E** Rosemead, California Cancelling Revised Cal. PUC Sheet No E** PRELIMINARY STATEMENT Sheet 4 N. MEMORANDUM ACCOUNTS 2. Definitions. Specified Project Section Interest Bearing No. Specified Project Memorandum Account* (68) Distribution Energy Resources Memorandum Account (DERMA) Yes (69) Not In Use (70) Not In Use (71) Pending (72) Real Time Energy Metering (RTEM) Memorandum Account Yes (73) Risk management Memorandum Account Yes (N) * Interest shall accrue monthly to interest-bearing Memorandum Accounts by applying the Interest Rate to the average of the beginning and ending balance. ** Interest shall accrue monthly to credit balances only. See specific memorandum accounts for more information. Advice 1579-E John R. Fielder Date Filed Oct 5, 2001 Decision Senior Vice President Effective Oct 5, H6 E-3761

7 Southern California Edison Revised Cal. PUC Sheet No E** Rosemead, California Cancelling Original Cal. PUC Sheet No E* PRELIMINARY STATEMENT Sheet 4 N. MEMORANDUM ACCOUNTS 2. Definitions. Specified Project Section Interest Bearing No. Specified Project Memorandum Account* (68) Distribution Energy Resources Memorandum Account (DERMA) Yes (69) Not In Use (70) Not In Use (71) Pending (72) Real Time Energy Metering (RTEM) Memorandum Account Yes * Interest shall accrue monthly to interest-bearing Memorandum Accounts by applying the Interest Rate to the average of the beginning and ending balance. ** Interest shall accrue monthly to credit balances only. See specific memorandum accounts for more information. Advice 1549-E John R. Fielder Date Filed May 25, 2001 Decision Senior Vice President Effective Jun 28, H23 E-3746

8 Southern California Edison Original Cal. PUC Sheet No E* Rosemead, California Cancelling Cal. PUC Sheet No. PRELIMINARY STATEMENT Sheet 4 N. MEMORANDUM ACCOUNTS 2. Definitions. Specified Project Section Interest Bearing No. Specified Project Memorandum Account* (68) Distributed Energy Resources Memorandum Account (DERMA) Yes (N) * Interest shall accrue monthly to interest-bearing Memorandum Accounts by applying the Interest Rate to the average of the beginning and ending balance. ** Interest shall accrue monthly to credit balances only. See specific memorandum accounts for more information. Advice 1551-E-A John R. Fielder Date Filed Sep 3, 2002 Decision Senior Vice President Effective May 22, H17 E-3778

9 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 5 N. MEMORANDUM ACCOUNTS 2. Definitions. e. Catastrophic Event: 3. Not Used A Catastrophic Event is an event which is declared a disaster by competent state or federal authorities. Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H10

10 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 7 N. MEMORANDUM ACCOUNTS 5. Not Used 6. Local Area Revenue Mechanism (LARM) Memorandum Account. The Company shall maintain a Local Area Revenue Mechanism Memorandum Account as authorized by E The Authorization Date shall be April 12, The purpose of the LARM Memorandum Account is to record all costs resulting from the gas user's tax assessed by the City of El Segundo for gas purchased by the Company to generate electricity at the El Segundo Generating Station. Such costs shall include, but not be limited to, the utility gas user's taxes recorded by the Company and recorded administrative and general expense associated with implementing the gas user's tax. Disposition of amounts in this account shall be determined in the annual Revenue Adjustment Proceeding (RAP) or other proceeding expressly authorized by the Commission. Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H11

11 Southern California Edison Revised Cal. PUC Sheet No E* Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 8 N. MEMORANDUM ACCOUNTS 7. Capital Additions Tracking Account The purpose of the Capital Additions Tracking Account is to track the recorded amount of capital expenditures (up to $900 million per calendar year) that exceeds the level of capital expenditures reflected in currently authorized CPUC rates, in accordance with Section 2.6 of the Settlement Agreement 1/. Section 2.6 of the Settlement Agreement states: SCE shall be entitled to make capital expenditures above the level contained in current rates. To the extent such expenditures do not exceed $900 million in a calendar year, then the revenue requirement until the effectiveness of retail rates established by SCE s next General Rate Case that is associated with capital expenditures above the level contained in current rates shall be Recoverable Costs. In accordance with pages 34 and 35 of E-3765 (issued on January 23, 2002), no amounts shall be recorded in this tracking account until the amount of capital expenditures embedded in SCE s current CPUC-authorized rates is determined. 8. CDWR Charges and Net Short Procurement Costs Tracking Account The purpose of the CDWR Charges and Net Short Procurement Costs Tracking Account is to track the difference between: (1) Stabilized CDWR Charges, and (2) the sum of SCE s Net Short Procurement Costs and CDWR Charges. This difference can be used to determine if an increase or decrease to Settlement Rates during the Rate Repayment Period is needed, in accordance with Section 1.1.w of the Settlement Agreement and E Changes in Settlement Rates shall be determined in an appropriate CPUC proceeding. Interest expense shall not accrue in this tracking account. a. Definitions (1) CDWR CDWR is the California Department of Water Resources. (2) CDWR Charges CDWR Charges are retail charges for electricity that CDWR sells, and has sold, to retail customers in SCE s service territory, including associated financing costs. 1/ The October 2, 2001 Settlement Agreement between SCE and the CPUC regarding the cost recovery of certain Procurement-Related Obligations. (N) (N) Advice 1586-E-A John R. Fielder Date Filed Feb 4, 2002 Decision Senior Vice President Effective Sep 1, H16 E-3765

12 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Original Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 9 N. MEMORANDUM ACCOUNTS 8. CDWR Charges and Net Short Procurement Costs Tracking Account a. Definitions (3) Net Short Procurement Costs Net Short Procurement Costs shall include: (1) all of SCE s reasonably incurred costs for energy, capacity, and ancillary services (including imbalance energy costs); and (2) all other reasonably incurred associated costs. Net Short Procurement Costs shall exclude: (1) SCE s costs of energy, capacity and ancillary services provided by (i) generating facilities that are owned by SCE as of October 2, 2001, and (ii) bilateral and Qualifying Facilities contracts that SCE is a party to as of October 2, 2001; and (2) CDWR Charges. (4) Rate Repayment Period Rate Repayment Period is the period commencing on September 1, 2001, and ending on the earlier of: (1) the date that SCE recovers its Procurement Related Obligations; or (2) December 31, (5) Settlement Agreement Settlement Agreement is the agreement (dated October 2, 2001) entered into by the Commission and SCE to resolve issues associated with the Case No RSWL(Mcx) in U.S. District Court for the Central District of California. (6) Settlement Rates As defined in Section 1.1.w of the Settlement Agreement, Settlement Rates are SCE s Commission-approved electric retail rates (including surcharges) in effect as of October 2, 2001, and changed (increased or decreased) thereafter to reflect: (a) The combined effect of Surplus, if any, of both SCE s Net Short Procurement Costs and CDWR Charges, as the same may exist from time to time during the Rate Repayment Period, when compared to the impact on Surplus of Stabilized CDWR Charges; (b) Recoverable Costs directed to be incurred by the Commission that are in excess of the Recoverable Costs per Section 2.1.d of the Settlement Agreement; and (c) uninsured costs, if any of recognized force majeure events, such as earthquake, calamity, war, and the like. Ordering Paragraph 15 of E-3765 defines the Settlement Rates as SCE s System Average Rate. (N) (N) Advice 1586-E-A John R. Fielder Date Filed Feb 4, 2002 Decision Senior Vice President Effective Sep 1, H15 E-3765

13 Southern California Edison Revised Cal. PUC Sheet No E* Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 10 N. MEMORANDUM ACCOUNTS 8. CDWR Charges and Net Short Procurement Costs Tracking Account a. Definitions (7) Stabilized CDWR Charges 9. Commission Directed Tracking Account Stabilized CDWR Charges are the CDWR Charges for electrical power sold to retail customers in the service territory of SCE that are first implemented by the CPUC after the effective date of the Settlement Agreement (October 2, 2001). The purpose of the Commission Directed Tracking Account is to track Recoverable Costs that are incurred by SCE as directed by the CPUC in accordance with Section 2.1.d. of the Settlement Agreement in order to determine when Settlement Rates may be changed. Such costs will be debited to the Settlement Rates Balancing Account (SRBA) or other Commission-approved account on a monthly basis as incurred. Section 2.1.d of the Settlement Agreement states: During the Recovery Period and after September 1, 2001, all Surplus shall be applied to the PROACT, except that during each calendar year of the Rate Repayment Period commencing calendar year 2002, the CPUC, without adjusting Settlement Rates under Section 1.1.w shall have discretion to direct that up to $150 million of Surplus be applied to recover Recoverable Costs for any utility purpose, including investments in infrastructure or increases in energy efficiency. Changes in Settlement Rates shall be determined in an appropriate CPUC proceeding. Interest expense shall not accrue in this tracking account. a. Definitions (1) Rate Repayment Period Rate Repayment Period is the period commencing on September 1, 2001, and ending on the earlier of: (1) the date that SCE recovers its Procurement Related Obligations; or (2) December 31, (2) Recoverable Costs Recoverable Costs are those amounts that SCE is authorized by the CPUC to recover in retail electric rates, excluding Procurement- Related Obligations. (3) Settlement Agreement Settlement Agreement is the October 2, 2001 agreement entered into by the Commission and SCE to resolve issues associated with the Case No RSWL (Mcx) in U.S. District Court for the Central District of California. (N) (N) Advice 1586-E-A John R. Fielder Date Filed Feb 4, 2002 Decision Senior Vice President Effective Sep 1, H16 E-3765

14 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E E, E PRELIMINARY STATEMENT Sheet 10 N. MEMORANDUM ACCOUNTS 9. Not Used Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H12

15 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 11 N. MEMORANDUM ACCOUNTS 9. Commission Directed Tracking Account a. Definitions (4) Settlement Rates As defined in Section 1.1.w of the Settlement Agreement, Settlement Rates are SCE s Commission-approved electric retail rates (including surcharges) in effect as of October 2, 2001, and changed (increased or decreased) thereafter to reflect: (a) (b) (c) The combined effect of Surplus, if any, of both SCE s Net Short Procurement Costs and CDWR Charges, as the same may exist from time to time during the Rate Repayment Period, when compared to the impact on Surplus of Stabilized CDWR Charges; Recoverable Costs directed to be incurred by the Commission that are in excess of the Recoverable Costs per Section 2.1.d of the Settlement Agreement; and uninsured costs, if any of recognized force majeure events, such as earthquake, calamity, war, and the like. Ordering Paragraph 15 of E-3765 defines the Settlement Rates as SCE s System Average Rate. (5) Surplus Surplus is the difference (either positive or negative) between SCE s: (1) retail electric revenues (including CPUC-approved surcharges); and (2) Recoverable Costs. (N) (N) 10. Research, Development, and Demonstration Royalties (RDDR) Memorandum Account. The Company shall maintain a Research, Development, and Demonstration Royalties (RDDR) Memorandum Account as authorized by Decision No and modified by E The purpose of the RDDR Memorandum Account is to record the ratepayers' share of all royalties, licensing and other revenues attributable to the Company's Research, Development, and Demonstration programs as authorized by E Entries to the RDDR Memorandum Account shall be made at the end of each month. The monthly entry shall include the ratepayers share of all royalties, licensing fees, and other revenues resulting from the Company's Research, Development, and Demonstration programs. Interest shall accrue to the Memorandum Account by applying the Interest Rate to the average of the beginning and ending balance. Disposition of amounts in this account shall be determined in the annual Revenue Adjustment Proceeding (RAP) or other proceeding expressly authorized by the Commission. Advice 1586-E-A John R. Fielder Date Filed Feb 4, 2002 Decision Senior Vice President Effective Sep 1, H16 E-3765

16 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 13 N. MEMORANDUM ACCOUNTS 12. Not Used Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H12

17 Southern California Edison Revised Cal. PUC Sheet No E* Rosemead, California Cancelling Original Cal. PUC Sheet No E* PRELIMINARY STATEMENT Sheet 40 N. MEMORANDUM ACCOUNTS 30. Rate Reduction Bond Memorandum Account (RRB Memorandum Account) b. Calculations. Entries shall be made to the RRB Memorandum Account at the end of each month and shall be the result of the following calculation: (1) The Ten Percent Rate Reduction Amount identified in a.(3). (2) Less: The Rate Reduction Bond Savings Amount identified in a.(2). If the resulting amount is positive, a debit entry shall be recorded in the RRB Memorandum Account. If the resulting amount is a negative amount, a credit entry shall be recorded in the RRB Memorandum Account. SCE shall continue to impute the RRB Credits (i.e., the 10% rate reduction and Trust Transfer Amount revenue that are recorded in the Settlement Rates Balancing Account) until such time as the actual savings from the RRB transaction will be equal to the rate reduction realized by SCE s Residential and Small Commercial customers (i.e., RRB Memorandum Account reaches a zero balance, which is estimated to occur in early 2002). Once the RRB Memorandum Account reaches zero (as a result of 30.b.(1) and (2) above), financed tax credits will continue to be recorded in the RRB Memorandum Account (through 2007), and be returned to customers through entries to the Settlement Rates Balancing Account (SRBA), or other CPUC-approved mechanism. SCE shall maintain the RRB Memorandum Account until the Rate Reduction Bond obligations are discharged. If it is determined that a portion of the Rate Reduction Bonds issued were not necessary to finance the 10 percent rate reduction from the rates in effect as of June 10, 1996, the additional amount of savings associated with that portion of the Rate Reduction Bonds, plus interest at SCE's authorized rate of return shall be credited to residential and small commercial customers. To the extent a credit or debit balance exists in the RRB Memorandum Account at the end of any year following the rate freeze period until the Rate Reduction Bond obligations are discharged, SCE may request inclusion of that amount in rates for residential and small commercial customers along with other revenue changes in the annual Revenue Adjustment Proceeding (RAP), or successor proceeding authorized by the Commission. (N) (N) (T) (T) (T) Interest shall accrue monthly by applying the Interest Rate to the average of the beginning and ending month balance in the RRB Memorandum Account. Advice 1586-E-A John R. Fielder Date Filed Feb 4, 2002 Decision Senior Vice President Effective Sep 1, H11 E-3765

18 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 49 N. MEMORANDUM ACCOUNTS 34. SONGS 2&3 Permanent Closure Memorandum Account SCE shall maintain a SONGS 2&3 Permanent Closure Memorandum Account pursuant to D a. Permanent Closure (1) Definitions: (a) (b) (c) Permanent Closure of SONGS 2 and/or SONGS 3 is defined as the date on which the SONGS 2 and/or SONGS 3 main generator(s) output disconnect switches are opened and SCE declares the unit(s) permanently unavailable for the generation of electricity. Ownership Share: SCE s Ownership Share is 75.03% for SONGS 2&3. CPUC - Jurisdictional Factor: Expenses recorded in this Memorandum Account shall be on a CPUC-Jurisdictional basis in accordance with the methodology for determining monthly CPUC-Jurisdictional percentages as defined in SCE s Preliminary Statement Transition Cost Balancing Account. (2) In the event of Permanent Closure of SONGS 2 and/or 3, SCE will apply to the IRS for a letter ruling establishing that SONGS 2 and/or 3 has been abandoned for tax purposes. If that ruling is granted, the unamortized tax basis of the permanently closed unit(s) will be taken as a current tax deduction effective on the date of Permanent Closure, and for ratemaking purposes will be offset by any applicable deferred taxes. If a favorable ruling is not granted, the tax treatment will continue in accordance with the provisions described herein. (3) In the event of Permanent Closure of SONGS 2 and/or 3 the Utility will recover all reasonably incurred SONGS 2&3 Permanent Closure Non- Investment Related Expenses, unamortized nuclear fuel inventory and property tax expenses from SCE s CPUC-Jurisdictional customers until SONGS 2&3 decommissioning commences. Advice 1559-E John R. Fielder Date Filed Jul 13, 2001 Decision Senior Vice President Effective Aug 22, H21

19 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 50 N. MEMORANDUM ACCOUNTS 34. SONGS 2&3 Permanent Closure Memorandum Account b. SONGS 2&3 Unamortized Nuclear Fuel Inventory Memorandum Subaccount: In the event of Permanent Closure (as defined herein) of SONGS 2 and/or SONGS 3, SCE will maintain a SONGS 2&3 Unamortized Nuclear Fuel Inventory Memorandum Subaccount. The initial entry to this subaccount will be made during the month Permanent Closure of SONGS 2 and/or SONGS 3 commences, and will be equal to SCE's share of the then-recorded amount of SONGS 2 and/or SONGS 3 Unamortized Nuclear Fuel Inventory multiplied by the CPUC-Jurisdictional Factor. In addition, all estimated federal and state taxrelated adjustments associated with SONGS 2&3 unamortized fuel inventory as of the date of Permanent Closure will be reflected in the initial entry. Interest will accrue monthly to this subaccount by applying the Interest Rate to the average of the beginning of month and end of month balances. Advice 1559-E John R. Fielder Date Filed Jul 13, 2001 Decision Senior Vice President Effective Aug 22, H21

20 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 51 N. MEMORANDUM ACCOUNTS 34. SONGS 2&3 Permanent Closure Memorandum Account b. SONGS 2&3 Unamortized Nuclear Fuel Inventory Memorandum Subaccount: The subaccount balance at the end of the calendar year in which SONGS 2 and/or SONGS 3 is permanently closed will be transferred to the applicable mechanism for rate recovery from SCE's CPUC-Jurisdictional customers. Advice 1559-E John R. Fielder Date Filed Jul 13, 2001 Decision Senior Vice President Effective Aug 22, H22

21 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 52 N. MEMORANDUM ACCOUNTS 34. SONGS 2&3 Permanent Closure Memorandum Account c. Permanent Closure Noninvestment-Related Expenses Memorandum Subaccount: In addition to SONGS 2&3 O&M expenses and A&G expenses as identified above, SONGS 2&3 Permanent Closure Noninvestment-Related Expenses will also include employee retraining and/or termination costs associated with Permanent Closure. In the event of Permanent Closure (as defined herein) of SONGS 2 and/or SONGS 3 SCE will maintain a SONGS 2&3 Permanent Closure Noninvestment-Related Expenses Memorandum Subaccount. The initial entry to this subaccount will be made during the first month of Permanent Closure of SONGS 2 and/or SONGS 3. Entries will be determined from the following calculations: (1) SCE's Ownership Share of SONGS 2 and/or SONGS 3 Permanent Closure Noninvestment-Related Expenses (as defined herein) recorded during the month; (2) the amount of "(1)" multiplied by the CPUC-Jurisdiction Factor. Interest will accrue monthly to this subaccount by applying the Interest Rate to the average of the beginning and ending account balances. Subsequent to the end of each calendar year after the Permanent Closure of SONGS 2 and/or SONGS 3 (until SONGS 2&3 decommissioning commences), the December 31st balance in this subaccount will be transferred to the TRA, or other appropriate ratemaking procedure, for recovery from SCE's CPUC- Jurisdictional customers. Advice 1559-E John R. Fielder Date Filed Jul 13, 2001 Decision Senior Vice President Effective Aug 22, H21

22 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 56 N. MEMORANDUM ACCOUNTS 36. Palo Verde Permanent Closure Memorandum Account SCE shall maintain a Palo Verde Permanent Closure Memorandum Account pursuant to D a. Permanent Closure (1) Definitions: (a) (b) (c) (d) Permanent Closure of Palo Verde is defined as the date on which the Palo Verde 1, Palo Verde 2, or Palo Verde 3 main generator(s) output disconnect switches are opened and the Company declares the unit(s) permanently unavailable for the generation of electricity. Arizona Public Service: Arizona Public Service (APS) is the operating agent for Palo Verde. Ownership Share: Edison s Ownership Share is 15.8% for Palo Verde. CPUC - Jurisdictional Factor: Expenses recorded in this Memorandum Account shall be on a CPUC-Jurisdictional basis in accordance with the methodology for determining monthly CPUC-Jurisdictional percentages as defined in SCE s Preliminary Statement Transition Cost Balancing Account. (2) In the event of Permanent Closure SCE shall recover all reasonably incurred Palo Verde Shut-Down O&M expenses, other reasonably incurred unavoidable expenses, and unamortized nuclear fuel inventory from SCE s CPUC-jurisdictional customers. (D) Advice 1581-E John R. Fielder Date Filed Oct 10, 2001 Decision Senior Vice President Effective Nov 19, H19

23 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 57 N. MEMORANDUM ACCOUNTS 36. Palo Verde Permanent Closure Memorandum Account b. Palo Verde Unamortized Nuclear Fuel Inventory Memorandum Subaccount: (D) In the event of Permanent Closure SCE shall maintain a Palo Verde Unamortized Nuclear Fuel Inventory Memorandum Subaccount. The initial entry to this subaccount shall be made during the month in which Permanent Closure commences, and shall be equal to SCE s Ownership Share of the then-recorded amount of unamortized nuclear fuel inventory, multiplied by the CPUC-jurisdictional Factor. Interest shall accrue monthly to this subaccount by applying the Interest Rate to the average of the beginning of month and end of month balances. The subaccount balance at the end of the calendar year in which Permanent Closure occurs shall be transferred to the Transition Revenue Account (TRA), or other applicable mechanism, for rate recovery from SCE s CPUCjurisdictional customers. c. Shut-Down O&M Expenses Memorandum Subaccount: (D) In the event of Permanent Closure SCE shall maintain a Palo Verde Shut- Down O&M Expenses Memorandum Subaccount. The initial entry to this subaccount shall be made during the first month in which Permanent Closure occurs. Entries shall be determined from the following calculations: (1) SCE s Ownership Share of Palo Verde Shut-Down O&M Expenses (as defined below) recorded during the month, (2) The amount of (1) multiplied by the CPUC Jurisdictional Factor. Advice 1581-E John R. Fielder Date Filed Oct 10, 2001 Decision Senior Vice President Effective Nov 19, H18

24 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 58 N. MEMORANDUM ACCOUNTS 36. Palo Verde Permanent Closure Memorandum Account: c. Shut-Down O&M Expenses Memorandum Subaccount. Interest shall accrue monthly to this subaccount by applying the Interest Rate to the average of the beginning and ending Memorandum Account balances. Subsequent to end of each calendar year after the Permanent Closure the December 31st balance in this subaccount shall be transferred to the TRA, or other applicable mechanism, for recovery from SCE s CPUC-jurisdictional customers. Palo Verde Shut-Down O&M expenses are estimated to be: (1) 80 percent of Palo Verde O&M expenses (as annualized based on the then most recent 24-month operating period) and A&G expenses during the first twelve months subsequent to Permanent Closure; (2) 50 percent of Palo Verde O&M expenses and A&G expenses during the second twelve month period subsequent to Permanent Closure; and (3) 10 percent of Palo Verde O&M expenses and A&G expenses during the third and all subsequent twelve month periods subsequent to Permanent Closure. In addition to Palo Verde O&M expenses and A&G expenses as identified above, Palo Verde Shut- Down O&M expenses shall also include SCE employee retraining and/or termination costs associated with Permanent Closure. (D) Advice 1581-E John R. Fielder Date Filed Oct 10, 2001 Decision Senior Vice President Effective Nov 19, H18

25 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 59 N. MEMORANDUM ACCOUNTS 36. Palo Verde Permanent Closure Memorandum Account d. Permanent Closure Property Tax Memorandum Subaccount In the event of Permanent Closure (as defined herein) of Palo Verde 1, 2 and/or 3, SCE will maintain a Permanent Closure Property Tax Expenses Memorandum Subaccount to recover from SCE s CPUC-Jurisdictional customers all reasonably-incurred Palo Verde property tax expenses (Ownership Share). Interest will accrue monthly to this subaccount by applying the Interest Rate to the average of the beginning and ending account balances. Subsequent to the end of each calendar year after the Permanent Closure of Palo Verde 1, 2 and/or 3 (until Palo Verde decommissioning commences) the December 31 st balance in this subaccount will be transferred to the TRA, or a successor mechanism for rate recovery from SCE s CPUC-Jurisdictional customers. e. Notice and Reasonableness Review In the event Palo Verde 1, 2 and/or 3 permanently close or discontinue operation for a period of nine or more consecutive months, SCE shall immediately notify the Commission as set forth in Public Utilities Code 455.5(b). The reasonableness of any costs related to such unit(s) shall be reviewed by the Commission under, Public Utilities Code in whichever of the two following events occur first: (D) (T) (1) A proceeding to be initiated by SCE within 45 days of a permanent shutdown decision. (2) In an investigation initiated by the Commission within 45 days of receiving the notification specified in Public Utilities Code 455.5(b). Review of the reasonableness of any costs will be applied retroactively to the date of the unit(s) shutdown. Advice 1581-E John R. Fielder Date Filed Oct 10, 2001 Decision Senior Vice President Effective Nov 19, H18

26 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Original Cal. PUC Sheet No E* Revised E PRELIMINARY STATEMENT Sheet 59 N. MEMORANDUM ACCOUNTS 39. Not Used Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H14

27 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Original Cal. PUC Sheet No E* PRELIMINARY STATEMENT Sheet 65 N. MEMORANDUM ACCOUNTS 40. Independent System Operator Revenue Memorandum Account Expenses recorded in this Memorandum Account shall be on a CPUC-Jurisdictional basis in accordance with the methodology for determining monthly CPUC- Jurisdictional percentages as defined in the Utility s Preliminary Statement Transition Cost Balancing Account. Entries to the ISORMA for each must-run fossil generating facility shall be made monthly, and shall be determined as follows: l. CPUC-Jurisdictional going-forward costs (as defined above). m. Less: payments received from the ISO pursuant to the applicable Master Must- Run Agreement. n. Less: payments received from the Power Exchange or other energy market(s). o. Less: any other applicable revenues or offsets. If such calculations produce a net positive amount, such amounts will be debited to the account. If such calculations produce a net negative amount, such amounts will be credited to the account. The monthly overcollection shall be transferred to the Unavoidable Fuel Contract Costs Memorandum Account for determination of the monthly net fossil related under (over) collection. Advice 1535-E-A John R. Fielder Date Filed Jun 8, 2001 Decision Senior Vice President Effective Mar 27, H24

28 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 67 N. MEMORANDUM ACCOUNTS 41. Power Exchange Revenue Memorandum Account Entries to the PXRMA for each non must-run fossil generating facility shall be made monthly, and shall be determined as follows: l. CPUC-Jurisdictional going-forward costs (as defined above). m. Less: payments received from the Power Exchange or other energy market(s). n. Less: other applicable revenues or offsets, including recorded congestion revenue received as the result of SCE holding Firm Transmission Rights or revenues received from the resale of Firm Transmission Rights; o. Plus: cost of Firm Transmission Right acquisition. If such calculations produce a net positive amount, such amounts will be debited to the account. If such calculations produce a net negative amount, such amounts will be credited to the account. The monthly overcollection shall be transferred to the Unavoidable Fuel Contract Costs Memorandum Account for determination of monthly net fossil related under (over) collection. Advice 1535-E-A John R. Fielder Date Filed Jun 8, 2001 Decision Senior Vice President Effective Mar 27, H26

29 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Original Cal. PUC Sheet No E** PRELIMINARY STATEMENT Sheet 69 N. MEMORANDUM ACCOUNTS 42. Unavoidable Fuel Contract Costs Memorandum Account b. Plus: the CPUC-Jurisdictional portion of unavoidable fuel transportation and fuel supply expenses associated with gas contracts, including: (1) Costs for fixed demand charges for transportation capacity; (2) Costs for gas supplies under contractual requirements that such gas be taken by the Utility in preference to gas from other suppliers; (3) Costs incurred by the Utility if it does not schedule a minimum quantity of gas under these gas contracts; and (4) Costs associated with the buy-down or buy-out of the contracts, to the extent the costs are determined to be reasonable by the Commission. c. Less: gas commodity and transportation sales revenue; d. Less: other offsets as authorized by the Commission; e. Plus: monthly transfer from the ISO Revenue Memorandum Account and the PX Revenue Memorandum Account f. Less: annual transfers (if any) from the Utility s ISO Revenue Memorandum Account and the PX Revenue Memorandum Account; and then, g. The sum of (a) through (d) equals the amount to be debited to the UFCCMA. Any monthly overcollection shall be transferred to the Transition Revenue Account (TRA). Monthly undercollections shall remain in the account unless offset by a subsequent month s overcollection. If any of the undercollected balance is attributable to unavoidable fixed fuel and fuel transportation costs which the Commission has previously reviewed and approved, those amounts shall also be transferred monthly to the TRA. Remaining undercollected balances shall be disposed of upon Commission decision. Interest shall accrue to the UFCCMA on a monthly basis by applying the Interest Rate to the average of the beginning-of-month balance and the end-of-month balance. Advice 1535-E-A John R. Fielder Date Filed Jun 8, 2001 Decision Senior Vice President Effective Mar 27, H24

30 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Original Cal. PUC Sheet No E** PRELIMINARY STATEMENT Sheet 73 N. MEMORANDUM ACCOUNTS 45. Not Used Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H15

31 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 75 N. MEMORANDUM ACCOUNTS 43. Hydro Generation Memorandum Account c. Operation of the Hydro Generation Memorandum Account: Commencing on the Effective Date and prior to market valuation of Hydro, the Utility shall make monthly entries to the Hydro Generation Memorandum Account determined from the following calculations: (1) One-twelfth of the annual Hydro Generation Revenue Requirement multiplied by the CPUC-Jurisdictional Factor (less Franchise Fees and Uncollectible Account Expenses); Plus: Hydro Allocated Industry Restructuring Costs; (2) Less: Recorded revenues received from sales of Hydro-related energy to the PX (net of station light and power including reserve and auxiliary power); (3) Less: Recorded revenues received by the Utility from the ISO for ancillary services; (4) The sum of (1) through (3) above equals the amount to be debited or credited to the HGMA. Any monthly overcollection shall be transferred to the Transition Revenue Account (TRA). Monthly undercollections shall remain in the account unless offset by a subsequent month s overcollection. Remaining undercollected balances shall be disposed of upon Commission decision. Advice 1535-E-A John R. Fielder Date Filed Jun 8, 2001 Decision Senior Vice President Effective Mar 27, H23

32 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Original Cal. PUC Sheet No E* PRELIMINARY STATEMENT Sheet 78 N. MEMORANDUM ACCOUNTS 46. Not Used Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H23

33 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Original Cal. PUC Sheet No E* E* PRELIMINARY STATEMENT Sheet 83 N. MEMORANDUM ACCOUNTS 51. Not Used Advice 1513-E John R. Fielder Date Filed Jan 19, 2001 Decision Senior Vice President Effective Mar 16, H25

34 Southern California Edison Revised Cal. PUC Sheet No E Rosemead, California Cancelling Revised Cal. PUC Sheet No E PRELIMINARY STATEMENT Sheet 84 N. MEMORANDUM ACCOUNTS 55 Energy Efficiency DSM (EEDSM) Memorandum Account The purpose of the EEDSM Memorandum Account is to record the Company s portion of the electronic transfer of funds to the California Energy Commission (CEC) to conduct studies as ordered by the Commission in E-3592 and Decision No The studies are associated with 1) Commercial Building Survey, 2) Update of the Database for Energy Efficiency Resources, 3) Year 1999 Non-Residential Remodeling and Renovation and the Year 1999 Non-Residential Market Share Tracking Activities, and 4) Year 2000 Non-Residential Remodeling and Renovation and the Year 2000 Non-Residential Market Share Tracking Activities. These studies are required for the continuation of Commission required annual data used in cost effectiveness measures. The specific dates and amounts of the electronic transfer of funds to the CEC shall be made in accordance with TABLE A as follows: TABLE A Semi-Annual Fund Transfer Schedule Transfer Date $Amount 1 st Payment* 340,000 12/31/99 340, Supplement** 254,000 6/30/00 467,000 12/31/00 467,000 A debit entry shall be made to the EEDSM Memorandum Account in the month in which the electronic transfer is made to the CEC, as specified above. A credit entry shall be made, if any is required, to the EEDSM Memorandum Account at the end of the expenditure period to reflect any unencumbered funds which are returned to the Company. Interest shall accrue to the EEDSM Memorandum Account by applying the Interest Rate to the average of the beginning and ending account balance. At the end of each year, the Company shall transfer the balance in the EEDSM Memorandum Account to the Public Purpose Programs Adjustment Mechanism (PPPAM) where the authorized energy efficiency funds are reflected. (T) (T) * The first transfer will take place within 15 days of approval of Advice 1348-E/E-A/E-B/E-C/E-D. ** The 1999 Supplement transfer shall take place within 15 days of approval of Advice 1448-E Advice 1586-E-A John R. Fielder Date Filed Feb 4, 2002 Decision Senior Vice President Effective Sep 1, H19 E-3765