BOMA | Building Owners and Managers Association of San Francisco
Advocate: An Update on Legislative, Regulatory, and Political Issues Affecting Commercial Real Estate
June 28, 2013
Volume 19, Issue 6
Energy & Environment News
PG&E General Rate Case Application Covering Years 2014 Through 2016

The 2014 General Rate Case (GRC) – covering years 2014-2016 – is the major regulatory proceeding for PG&E to request the revenue needed to operate, maintain, repair and upgrade their gas distribution, electric distribution and electric generation facilities. The GRC is typically conducted every three years. This funding request reflects PG&E’s commitment to provide its customers with safe and reliable service. PG&E is building a safer and more reliable energy system that will continue to help California remain competitive on a national and global scale. The funding will be used to:

  • Assure a high level of public safety in the operation of PG&E’s gas and electric facilities.
  • Invest in and maintain the system of power plants, poles, wires, pipes and equipment needed to deliver electricity and gas to PG&E’s customers.
  • Improve customer service and maintain the support structure necessary to keep PG&E operating and to provide PG&E’s customers with safe, reliable and responsive customer service.

PG&E requested 6.4% increase in bundled average electric rates (6.0% for Large Commercial: E19 & E20) and 11.7% (Small Commercial: GNR1) and 5.7% (Large Commercial: GNR2) increase in small and large average gas rates. The actual distribution of the increase to each customer class depends on how the CPUC ultimately decides all issues in the GRC, as well as in a separate electric rate design proceeding filed in the first quarter of 2013.  

PG&E expects the commission to issue a decision on PG&E’s request in December 2013 at the earliest.

What This Means for You 

Electric and Gas Rate Changes by Class

PG&E’s projected system bundled and DA/CCA electric rates are expected to increase as much as 6.4% (6.0% for Large Commercial: E19 & E20) and 7.8% (7.9% for Large Commercial: E19 & E20) respectively, if the CPUC approves PG&E’s requested funding. Bundled gas rates are expected to increase by 11.7% (Small Commercial: GNR1) and 5.7% (Large Commercial: GNR2) for small and large commercial classes. Please see the table below for projected rate change per class.

Additionally there are other proceedings currently pending before the CPUC that could change the estimated January 2014 electric rate impacts. Several key case filings are expected to be submitted by PG&E in the future. Along with the GRC, PG&E’s Annual Gas True Up and Annual Electric True Up will impact PG&E’s January 2014 rates.

Feel free to contact contact kenc@boma.com and johnb@boma.com with any questions you may have.  

 

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In This Issue
City Hall News
•  Mayor Signs Measure Amending San Francisco Mobile Food Facilities Law
Bike Sharing Pilot Program for Downtown San Francisco
•  Please Review the Locations
BOMA San Francisco News
•  San Francisco's Green Building Ordinance - New Green Building Submittal Form for Tenant Improvements
•  Firefighter Air Replenishment Systems
•  Supervisor David Chiu's San Francisco Family Friendly Workplace Ordinance
BOMA California News
•  SCOTUS Backs Property Rights and Energy Efficiency in Existing Buildings Action Plan
•  2013 California Commercial Real Estate Summit Synopsis
BOMA International News
•  Code Victories Save Billions
•  Did You Miss the BOMA 2013 Every Building Conference & Expo?
Energy & Environment News
•  AB 1103 Benchmarking Enforcement Delayed Until September 1, 2013
•  PG&E General Rate Case Application Covering Years 2014 Through 2016
•  The Buildings Performance Database: The Power of Data Webinar
•  Free PG&E Classes in July and August
ABOUT TMG Partners

 

TMG Partners, a privately-held California corporation headquartered in San Francisco, is a full-service real estate development company.  TMG focuses exclusively on urban infill projects in the San Francisco Bay Area.   

Over the last 27 years, TMG has developed approximately 20 million square feet of office, research and development, for-sale and multi-family residential and retail projects, and more than 400 acres of land.  The company’s portfolio valuation is in excess of $3 billion.  
 
Over the last several years, the San Francisco Business Times has ranked TMG Partners the #1 Real Estate Developer in the Bay Area. 
 
Please click here to visit the company's website.  

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ADVOCACY EVENTS
• 
Emergency Preparedness Committee Meeting
July 9, 2013
Post Montgomery Center Tower, 30th Floor
Please click here for more information.
•  Government Affairs Policy Advisory Committee (GAPAC) Meeting
July 10, 2013
235 Montgomery Street (Russ Building), 7th Floor 
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•  Codes and Regulations Committee Meeting
July 24, 2013
201 California Street, 2nd Floor
Please click here for more information.
•  Energy and Environment Committee Meeting
August 6, 2013
Ferry Building, Port Commission Hearing Room
Please click here for more information.
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