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HomeMy WebLinkAboutSouthern California Edison - General Rate Case App Filing2244 Walnut Grove Avenue Rosemead/ CA 91770 1 IMPORTANT INFORMATION ABOUT SCE'S REQUESTEV RATE INCREASE On September 1. 2016, Southern California Edison Company (SCE) filed a General Rate Case (GRC) Application with the California Public Utilities Commission (CPUC) requesting authority to increase base rate (non-fuel) revenues. SCE is requesting to increase its revenue requirement for 2018 — 2020 as follows: 2018: $222 million (2.7% increase over presently authorized total rates) 2019: Additional $533 million (4.2%) 2020: Additional $570 million (5.2%) TOTAL: Cumulative $1.325 billion (12.1%) revenue requirement increase over 3 At the request of the CPUC, SCE's request for 2018 includes approval of $48 million in one-time costs recorded in several balancing and memorandum accounts. Every three years, SCE is required to file a GRC application that starts a proceeding in which the CPUC sets annual revenue levels. Annual revenue is the total amount of money a utility collects through rates in a given year, for specific purposes. Base rate revenues pay for the costs of owning and operating electric distribution and generation facilities (excluding fuel and purchased power related costs). I The percentage increases represent the average increase. Individual customers may see lower ox higher bill increases due to their individual energy consumption. FOR FURTHER INFORMATION ABOUT SCE'S APPLICATION You may review a copy of SCE's application and related exhibits at SCE's corporate headquarters (2244 Walnut Grove Avenue, Rosemead, CA 91770). Customers with Internet access may view and download SCE's application and related exhibits on SCE's website. Please do the following: 1 Go to . cc ri ii ins; 2) Scroll down to "2018 GRC" and click on link 3) The 2018 GRC application and testimony are presented in Adobe Acrobat (pdf) format and can be viewed online, printed, or saved to your hard drive. If you have technical issues accessing the documents through the website, please e- mail case.admin@sc@&om for assistance (be sure to reference proceeding A.16 -09 001 in your e-mail). Anyone who would like to obtain more information about this application from SCE, please write to: Southern California Edison Company A.16 -09 -001 —SCE's 2018 GRC P.O. Box 800 Rosemead, CA 91770 Attention: Shinjini Menon, Director, General Rate Case ' On average, 2018 bills will be at about the same level as 2014 if SCE's request is approved, Toll-free: 1-866-849-83903 TTY: 1-415-703-5281 TTY toll free: 1-866-836-782PI Please reference Southern California Edison Application No. 16-09-001 in any communications you have with the CPUC regarding this matter. All public comments will become part of the public correspondence file for this proceeding and be made available for review for the assigned Judge, the Commissioners, and appropriate CPUC staff. W1