Rate Base

Rate Base

The value of property on which the utility is allowed to earn a specified rate of return, in accordance with rules set by the Commission.  The values below reflect actual approved utility rate bases by year from 2006 to 2019. The Federal Energy Regulatory Commission (FERC) has jurisdiction over electric transmission rate base and rates, while the CPUC has jurisdiction over generation and the distribution grid. These values are based on responses to Energy Division data requests from March 2021. For more information on rate base see the electric cost webpage.