Decisions in A.96-02-056 (Palo Verde) and A.96-03-054 (Diablo Canyon)

A.96-02-056, Application in compliance w/decision No. 95-12-063 to establish a new rate mechanism for Palo Verde
A.96-03-054, Application to modify Diablo Canyon pricing and adopt a customer electric rate freeze in compliance with D.95-12-063
D.96-12-083 Date Signed: 12/20/96 Date Effective: 12/20/96 Date Mailed: 12/24/96	A.96-02-056 - Approves an all-party settlement resolving the issues of the Palo Verde Nuclear plant sunk costs and incremental pricing for the years 1997- 2001. Palo Verde sunk costs are estimated to be $1.230 billion, to be amortized over five years or less; the return on sunk costs has been reduced to 7.35%. Adopts the settlement agreement set forth in Attachment 1. The incremental cost of Palo Verde will consist of the amounts billed to Edison by Arizona Public Service, the operator of the plant, plus Edison's overheads and taxes. Edison's yearly estimated incremental cost ranges between $104 million to $118 million. Edison shall file within 10 days an Advice Letter setting forth the tariff charges authorized by this decision. This proceeding is closed.
D.97-05-088 PDF Date Signed: 05/21/97 Date Effective: 05/21/97 Date Mailed: 05/29/97	A.96-03-054 - Determines the Diablo Canyon Nuclear Power Plant (Diablo Canyon) sunk costs and the incremental cost incentive price of Diablo Canyon power, as well as ancillary matters pertaining to the operation of Diablo Canyon; denies the petition of the Mothers for Peace to set aside submission; denies San Luis Obispo's motion for oral argument; grants all motions to appear, to file comments, and to file late. This proceeding is closed.