HomeMy WebLinkAboutSCE 2021 FRANCHISE Schedule 5 SOUTHERN CALIFORNIA EDISON COMPANY
FRANCHISE STATEMENT
For the Calendar Year Ended December 31, 2021
City of Lake Elsinore
Franchise Ordinance No.440
Computation of franchise payment: Two percent (2%) of gross annual receipts arising from use, operation,
or possession of franchise, but not less than one-half percent (1/2%) of gross annual receipts derived from
sale of electricity within limits of City,plus Direct Access Municipal Surcharge.
Item
a. Gross annual receipts derived from sale of electricity within limits of City. $ 56,542,317.34
b. One half percent(1/2%)of gross annual receipts derived from sale of electricity
within limits of City. $ 282,711,59
Item
1. Gross annual receipts derived from sale of electricity in all service areas. $13,932,889,896
2. OriginaI cost of electric plant,exclusive of electric plant held for future
use,intangible plant,new construction work not yet in operation and
rental properties. $56,434,068,125
3. Original cost of transmission and distribution systems,consisting of towers,
poles,underground conduits,conductors,line transformers,services and
appurtenances. $32,431,026,177
4. Gross annual receipts allocable to transmission and distribution systems:
Item 1 x Item 3 $ 8,006,828,711
Item 2
5. Total miles of transmission and distribution systems. 80,691.00
6. Miles of transmission and distribution systems under franchise in City. 260.48
7. Gross annual receipts arising from use,operation,or possession of
franchise:
Item 4 x Item 6 $ 25,846,980.98
Item 5
8. Two percent(2%)of item 7. $ 516,939.62
Direct Access Municipal Surcharge $ 11,872.98
FRANCHISE PAYMENT $ 528,812.60
VERIFICATION
Due to restrictions necessitated by the Corona Virus,Southern California Edison(SCE)staff
are unable to procure a notary in time for the distribution ofverified statements.Therefore.
SCE is sending the verified statement without the accompanying notary seal.SCE believes 1 hereby certify that the foregoing
that this statement satisfies its obligations under the Franchise and Franchise Act of 1937. Franchise Statement is based on the
The Franchise Act of 1937(Public Utilities Code Section 6201 et seq)does not require Company's accounting records for the
that SCE's verification be notarized.SCE has accompanied its verified statements in the year ended December 31,2021,and
past with a notary seal as a courtesy to you.To the extent you require a notarized seal, accurately reflects the use of such
please contact Linda Delgado at lit da delsa&44 sce.com.Please provide an email address records in the preparation thereof to
or mailing address to which it should be sent.Notarized versions ofthe statement will be the best of my knowledge and belief.
sent to you as soon as circumstances allow.
Roong Wilaisappliaisarn
Principal Manager,
Capital Asset Accounting