Proceeding Number A.12-04-019 COMMENTS BY WATER PLUS ON SETTLEMENT AGREEMENT ATTACHED TO SETTLING PARTIES’ MOTION TO APPROVE SETTLEMENT AGREEMENT

ABSTRACT: Re: In the Matter of the Application of California American Water Company (U 210 W) for Approval of the Monterey Peninsula Water Supply Project and Authorization to Recover All Present and Future Costs in Rates, COMMENTS BY WATER PLUS ON SETTLEMENT AGREEMENT ATTACHED TO SETTLING PARTIES’ MOTION TO APPROVE SETTLEMENT AGREEMENT document is embedded.  Importantly, CONCLUSION The signatories to the Agreement have acted in the self-interest of the parties they represented but not explicitly in the interest of ratepayers. In their negotiations, they have paid little or no attention to the project criteria of adequacy, reliability, and cost-effectiveness put forward by ALJ Weatherford. To remedy these shortcomings, Water Plus, as an advocate for local ratepayers, urges the Commission to address these criteria in its evaluation of the Agreement and, compensating for the absence of competitive forces, to require Cal Am to offer the privately-owned component of its project for sale to a public agency immediately upon its completion at cost plus ten percent plus actual invested equity at the time of sale.

Water Plus on Settlement Agreement Filing Date 08-01-13

COMMENTS BY WATER PLUS ON SETTLEMENT AGREEMENT ATTACHED TO SETTLING PARTIES’ MOTION TO APPROVE SETTLEMENT AGREEMENT