Update on SCE’s Energy Resource
Recovery Account (ERRA) Case
Tim Lindl – Keyes & Fox LLP
November 19, 2024
2 Setting PCIA Rates
YEAR-END
PABA BALANCE
FORECASTED
INDIFFERENCE
AMOUNT
PCIA REVENUE
REQUIREMENT
3 Setting PCIA Rates
TOTAL COST
OF UTILITY
PORTFOLIO
MARKET
VALUE OF
UTILIY
PORTFOLIO
INDIFFERENCE
AMOUNT
(PCIA)
RPS ADDER
($/GWH) *
GWh
MARKET
VALUE OF
UTILITY
PORTFOLIO
ENERGY
INDEX
($/GWH) *
GWh
RA ADDER
($/kW) * kW
of NQC
Developments in the ERRA
● Benchmarks delayed and then revised
● Judge’s October 8 Ruling raised questions re the RA Adder ● CalChoice Comments in response to ALJ Ruling urged staying the course
● SCE filed two October Updates
4 2025 Rates in the Alternate October Update*
5 * These rates will be updated twice more before 1/1/2025 Developments in the ERRA
November 5:
● Updated RA Adder published by Energy Division
● The RA Adders decreased overall, increasing PCIA rates and decreasing bundled customer rates
6 QUESTIONS?
Tim Lindl
[email protected]
(510) 314-8385
7