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The California Public Utilities Commission (CPUC) has approved a request by Pacific Gas and Electric Co. (PG&E), an electric utility, to extend balancing account treatment to payments it makes for settlements or judgments rendered in litigation of purchased-power contract disputes with qualifying cogeneration facilities (QFs).
[An earlier CPUC order authorized the utility to record payments to QFs to terminate agreements and to settle contract disputes in its adjustment-clause balancing account. PG&E argued that the balancing clause should be expanded to provide a similar incentive to litigate QF disputes.]
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