"PG&E" refers to Pacific Gas and Electric Company, a subsidiary of PG&E Corporation. © 2023 Pacific Gas and Electric Company. All rights reserved.
| Commodity Cashout | |||
|---|---|---|---|
| Charges | |||
| Cumulative Imbalance | Over-Deliveries (OD) | Under-Deliveries (UD) | |
| <=5% | $0 | $0 | |
| Tier I | >5%<=10% | 75% of Weighted¹ OD Index | 125% of Weighted¹ UD Index |
| Tier II | >10% | 50% of lowest OD Index | 150% of highest UD Index |
- WOD Index=lower of the Bid Week monthly index price or the average of the five lowest daily published index prices
- WUD Index=higher of the Bid Week monthly index price or the average of the five highest published daily published index prices
- The OD Index=lowest average published daily at either Malin or Topock. The cashout price equals 50% of the OD Index
- The UD Index=the highest average published daily at either Malin or Topock. The cashout price equals 150% of the UD Index
- Based on Natural Gas Intelligence and BTU Daily Gas Wire Index Prices at Malin and southern California border
¹Weighted according to on-system supply mix
| Transmission Cashout | |
|---|---|
| Over-Deliveries Credit |
|
| Under-Deliveries Charge |
|
Return to Cumulative Imbalances.