Common Contracts
1 similar Settlement Agreement contracts
MOTION FOR APPROVAL OF SETTLEMENT AGREEMENT BETWEEN AND AMONG SOUTHERN CALIFORNIA EDISON COMPANY (U 338-E), CLEAN POWER ALLIANCE, CALIFORNIA CHOICE ENERGY AUTHORITY, ANDSettlement Agreement • November 30th, 2020
The Joint Parties engaged in settlement negotiations beginning November 2, 2020. The Joint Parties noticed a Settlement Conference in A.20-10-007 on November 4, 2020, which was held on November 13, 2020. On November 19, 2020, the Joint Parties subsequently signed the Settlement Agreement, which is appended to this Motion as Attachment A. Subject to considerations set forth in the Settlement Agreement, the Joint Parties agree to implement Proposal 2, amortizing the PCIA Trigger Balance equally over a three-year period beginning in 2021. The Settlement Agreement fully resolves Issues 8-14 within the scope of this consolidated proceeding. The Settlement Agreement partially resolves Issue 5. The Settlement Agreement does not address or resolve Issues 1 – 4, 6 – 7 of this consolidated proceeding, and the Parties anticipate those Issues will be resolved in a final decision based on the record gathered to date in SCE’s 2021 ERRA Forecast Application.
