BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                            Senator Kevin de Le�n, Chair


          AB 1693 (Perea) - Small independent telephone corporations:  
          rates.
          
          Amended: June 25, 2014          Policy Vote: EU&C 10-0
          Urgency: No                     Mandate: No
          Hearing Date: August 4, 2014                      Consultant:  
          Marie Liu     
          
          This bill meets the criteria for referral to the Suspense File.
          
          
          Bill Summary: AB 1693 would require the California Public  
          Utilities Commission (CPUC) to complete a general rate case  
          (GRC) of a small independent telephone corporation within 330  
          days. If the deadline is not met, this bill would establish  
          procedures for interim rates.

          Fiscal Impact: Ongoing annual costs estimated at $450,000 from  
          the Public Utilities Reimbursement Account (special) to the CPUC  
          to decrease the time to complete GRCs for small independent  
          telephone companies.

          Background: Public Utilities Code ��1701.2 and 1701.5 require  
          the CPUC to resolve adjudication cases within 12 months of  
          initiation and GRCs within 18 months unless the CPUC makes  
          findings as to why that deadline cannot be met and issues and  
          order to extend that deadline. 

          Public Utilities Code �455.2 requires the CPUC to issue a final  
          decision on a GRC application of a large water corporation  
          within one year and requires interim rates to take effect if the  
          CPUC misses the deadline.

          There are thirteen small independent telephone corporations, ten  
          of which can file for rate cases.

          Proposed Law: This bill would require the CPUC to issue its  
          final decision on a GRC of a small independent telephone  
          corporation no later than 330 days after the rate case is  
          initiated. If final action is not taken within 330 days, the  
          small telephone corporation may adopt the rate design in its  
          application on an interim basis, subject to an accounting  








          AB 1693 (Perea)
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          true-up at the conclusion of the rate case. If final action is  
          not taken within 540 days, the interim rate design would become  
          final until the CPUC concludes the GRC without any true-up  
          accounting.

          This bill would allow the deadlines imposed by this bill to be  
          waived by mutual consent of the CPUC's executive director and a  
          small independent telephone corporation.

          This bill would establish specific deadlines for a general rate  
          case that is pending on January 1, 2015.

          Staff Comments: The median completion time for the last nine  
          general rate cases submitted by small independent telephone  
          corporations is 395 days (13.1 months). If the CPUC's GRC  
          completion times stay the same, then under this bill, staff  
          believes that a majority of rate cases are likely to result in  
          the use of interim rate designs absent additional resources to  
          decrease GRC completion times. Staff notes that if the CPUC  
          misses the deadline, the CPUC would incur additional staff costs  
          to perform the true-up accounting. To meet the deadlines  
          established in this bill, the CPUC is likely to need  
          approximately $450,000 in additional staff resources annually. 

          This cost is based on the assumption that the workload in each  
          GRC is more or less constant. A number of pending issues  
          involving small telephone companies may change the workload  
          involved a single GRC. For example, a proceeding regarding High  
          Cost Fund A subsidies is currently underway. It is anticipated  
          that this proceeding will result in the establishment of a  
          uniform rate of return for small telephone companies. Should  
          this occur, it would reduce the workload for a GRC. On the other  
          hand, the recent expansion of the High Cost Fund A subsidies to  
          include broadband services arguably complicates GRCs and  
          increases the necessary workload. Inevitably there will be other  
          future federal and state actions will influence the complexity  
          of GRCs. These issues and actions are not caused by this bill,  
          though they will influence the likelihood that the CPUC will  
          meet given deadlines. Given future uncertainty of the workload  
          involved in a GRC, there is some uncertainty in the staff's  
          estimate of additional resources needed by the CPUC to comply  
          with this bill. However, staff believes there is insufficient  
          evidence to be able to assume that the average workload for a  
          GRC will likely be more or less in the near future.








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          The costs associated by this bill also assumes that the CPUC  
          will have some ability to control the number of GRCs filed by  
          small telephone companies each year to three or four a year,  
          similar to the rate case plan that exists for large water  
          corporations. While there is no rate case plan for small  
          telephone companies currently, there is nothing in this bill  
          that would prohibit the CPUC from establishing one to spread out  
          the rate cases. However, before such a rate case plan is  
          adopted, it is possible for the CPUC to receive more than three  
          or four GRCs in a year. The likelihood of this happening is  
          unknown, but should it happen, it could create a temporary spike  
          in CPUC's costs to complete multiple GRCs simultaneously.