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, JOINT MOTION TO REDUCE THE SPECIAL REQUEST 1 SURCHARGE document is embedded. CONCLUSION Given the delay in the proceeding and the extended period for recovery of preconstruction costs, the Settling Parties’ request to reduce Surcharge 1 from 15% to 4.5% of customer bills is justified. California American Water will still be able to recover costs in a timely manner, but customers will benefit in the meantime from a reduced surcharge on their bills. The Settling Parties urge the Commission to authorize the reduction of Surcharge 1 as soon as possible in order to provide the greatest benefit to its customers.
JOINT MOTION TO REDUCE THE SPECIAL REQUEST 1 SURCHARGE
ATTACHMENT 1
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