SDG&E ERRA Trigger Application (Closed)

SDG&E’s ERRA balance through October 31, 2020 was reported to be undercollected by $67 million, which correlates with a trigger calculation of 6.0%, (or $99 million including unamortized trigger of $32M, which correlates with a trigger calculation of 8.7%), which exceeds the 4% trigger point and the 5% trigger threshold.  Based on its forecasts and assumptions, SDG&E does not expect that its ERRA balance will self-correct below the 4% trigger point within 120 days of October 31, 2020.  Rather, SDG&E expects its ERRA undercollection to reach $119 million by December 31, 2020

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