WEDNESDAY AGGREGATE: Scoping Memos Set Terms on Billions in IOU Spending

Today’s aggregate is heavy on CPUC scoping memos, with the Commission setting the terms for several major proceedings involving:

• Resource Adequacy;
• The Sempra Utilities' 2028 General Rate Cases;
• Smart-meter replacement; and
• The Sempra IOUs' SAP migration.

Each of the IOU cases involves heightened scrutiny of cost allocation and whether proposed investments are truly necessary before billions of dollars are added to rates. The RA proceeding, meanwhile, moves from UCAP adoption to implementation questions that will determine how the RA framework functions in 2028.