Title: _

Ms. Donna Wagoner
Page 
April 3, 1998

Paul T. Hunt, Jr.
Project Manager

April 3, 1998
Ms. Donna Wagoner
Energy Division
California Public Utilities Commission
505 Van Ness Avenue
San Francisco, CA 94102-3298
Re:	Comments on Draft Unbundling Cost of Capital Workshop Report
Dear Ms. Wagoner:

Pursuant to your request for comments on the Draft Workshop Report, enclosed is a copy of joint comments of PG&E, SCE, and SDG&E.  These comments are in the form of a marked-up version of the electronic copy of the Draft Workshop Report.  SCE has been authorized to distribute these comments on behalf of PG&E and SDG&E.
In the marked-up version, recommended additions of text are indicated by underlining.  Recommended deletions of text are indicated by strikeout type.  In some instances, additional comments are included in brackets.
Copies of these comments are being mailed to all workshop participants.  Electronic copies will also be distributed to you and those participants for which we have electronic mail addresses.
PG&E, SCE, and SDG&E appreciate the effort that you and the other workshop participants have contributed to the workshop and the workshop report.
Very truly yours,
Paul T. Hunt, Jr.
Enclosure
cc:	Workshop Participants and Interested Parties

P.O. Box 800	2244 Walnut Grove Ave.	Rosemead, California 91770	(626) 302-2917	Fax (626) 302-1472