Common use of Interim Order on 2023 Revenue Requirement Clause in Contracts

Interim Order on 2023 Revenue Requirement. The Settling Parties request an interim order from the Commission approving PG&E’s proposal not to request a revenue requirement for DCPP and HBPP nuclear decommissioning trust funding during the 2021 NDCTP rate period of 2023 through 2026. An interim order will permit PG&E to make a downward adjustment to the nuclear decommissioning charge retroactive to January 1, 2023, rather than continuing the currently authorized nuclear decommissioning revenue requirement subject to refund upon Commission issuance of a final decision in this proceeding. Upon the issuance of an order approving this proposal, PG&E shall cease collection of the revenue requirement in rates and refund any collections occurring since January 1, 2023 to ratepayers.

Interim Order on 2023 Revenue Requirement. The Settling Parties agree to jointly request an interim order from the Commission approving PG&E’s proposal not to request a revenue requirement for DCPP and HBPP nuclear decommissioning trust funding during the 2021 NDCTP rate period of 2023 through 2026. An interim order will permit PG&E to make a downward adjustment to the nuclear decommissioning charge retroactive to January 1, 2023, 2023 rather than continuing the currently authorized nuclear decommissioning revenue requirement subject to refund upon Commission issuance of a final decision in this proceeding. Upon the issuance of an order approving this proposal, PG&E shall cease collection of the revenue requirement in rates and refund any collections occurring since January 1, 2023 to ratepayers.