PCIA Reset Incoming: Track 3 Opens the Door to Repricing Cost Responsibility

EXECUTIVE SUMMARY

Track 3 of R.25-02-005 is shaping up to be the most consequential PCIA proceeding since the CPUC's 2017 overhaul, with parties filing divergent comments on scope, sequencing, and data access.

• The Joint Utilities (PG&E, SCE, and SDG&E) want fast and specific benchmark fixes;
• CalCCA wants a full reset, gated behind a data-access protocol; and
• TURN filed the most technically specific comments, targeting a broken RPS Market Price Benchmark and the lack of monthly granularity (issues with cost-recovery implications well beyond this proceeding).

How the CPUC sequences these competing demands will determine whether Track 3 produces narrow rate stabilization outcomes by 2028 or a multi-year redesign of the fundamental cost-sharing bargain between bundled and departed load.