Proceeding Number A.12-04-019 SETTLING PARTIES’ JOINT COMMENTS ON RULING REQUESTING COMMENTS ON SURCHARGE OPTIONS AND PROPOSALS

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, 019 SETTLING PARTIES’ JOINT COMMENTS ON RULING REQUESTING COMMENTS ON SURCHARGE OPTIONS AND PROPOSALS document is embedded. CONCLUSION The Joint Commenting Parties do not support the surcharge proposals created by DWA. Those proposals do not protect ratepayers if this project fail to move forward, would fund a project that the Commission has not yet approved and that lacks a CPCN, (in violation of D.06-12-040), do not limit the funds that can be added to Surcharge 1, and upset the balance of the parties’ interests and the public’s interest. The proposals also appear to reflect an erroneous understanding of the Settlement Agreement’s capital structure. Accordingly, the Joint Commenting Parties respectfully request rejection of the surcharge proposals and reconsideration of their Joint Motion on Surcharges, which reflects the approach to surcharges that they have agreed upon that will move this project foward.

Settling Parties’ Joint Comments on Ruling Requesting Comments on Surcharge Options and Proposals

Filing Date 05-12-14
SETTLING PARTIES’ JOINT COMMENTS ON RULING REQUESTING COMMENTS ON SURCHARGE OPTIONS AND PROPOSALS