№ files_lp_3_process_7_025620
Regulatory decision issued by the California Public Utilities Commission approving Southern California Gas Company’s shareholder reward for Year 27 of the Gas Cost Incentive Mechanism based on performance relative to benchmark gas procurement costs.
Year: 2020–2021
State: California
Country: United States
Regulatory Body: California Public Utilities Commission
Proceeding Type: Ratesetting
Application Number: A.2106010
Agenda ID: 20340 (Rev. 1)
Item Number: 8
Administrative Law Judge: ALJ Poirier
Mailing Date of Proposed Decision: February 7, 2022
Applicant: Southern California Gas Company (U904G)
Program: Gas Cost Incentive Mechanism (GCIM)
GCIM Year: 27
GCIM Period: April 1, 2020 – March 31, 2021
Shareholder Reward Approved: $11,143,725
Ratepayer Benefit: $173,601,247
Benchmark Cost: $1,200,571,090
Actual Cost: $1,015,826,117
Subject Matter: Gas procurement costs and incentive mechanism performance
Document Type: Regulatory decision
Procedural Status: Proceeding closed
Price: 8 / 10 USD
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