Capacity Allocation Factors & As-Delivered Capacity Value Announcement

On March 7, 1997, the California Public Utilities Commission (CPUC) adopted PG&E's 1996 General Rate Case Phase 2. In this Decision (D.97-03-017), the CPUC adopted new capacity allocation factors (CAFs) and a new as-delivered capacity value effective April 1, 1997. The new CAFs will be used to calculate firm and as-delivered capacity payments for energy deliveries beginning April 1, 1997, and replace existing seasonal average CAFs of 9.32 percent Winter and 90.68 percent Summer. The new CAFs are summarized in the following table:

Capacity Allocation Factors

Date Season Seasonal Average Peak Partial Peak Off Peak
April 1 - December 31, 1997 Winter 10.71% NA 10.63% .08%
April 1 - December 31, 1997 Summer 84.64% 82.06% 2.56% .02%
Beginning January 1, 1998 Winter 21.41% NA 21.25% .15%
Beginning January 1, 1998 Summer 78.59% 76.19% 2.38% .02%

NOTES: Winter season is November through April, and Summer season is May through October.