so the 14 cents rate has that capacity and we are talking about changes in the cost structure, the liever gives you more and we'll be looking for guidance from our commission on what the right mix should be, how you wish to, if you wish to make those changes , how you want us to apply the lower cost in rate savings and capacity >> what would be providing with us the different scenarios that shows the bonding capacity and increase in bonding capacity because it gives us a sense of how we want to adjust the rates in terms of how we want to accomplish that plan. >> mr. torres? >> i want to make sure that we understand that this issue has to be extended until our april 23rd meeting to make sure we have the scenarios of the chairman referencing this. this is the first time we have seen this data. >> yes. commissioner, we understand this is your first exposure to the rate and to these choices that we are describing to you in such a more concrete way. and we understand that there is work for us to do to respond to your questions about not only what that bonding capacity could be but what we coul

. >> you still call these liever in it's decision whether it would be accelerated research recovery, late reduction, local build out or bonding capacity as a combination thereof? >> did i miss anything? >> no. you got it. >> thank you. >>> are you done? >> yes. done. >> i'm done. up for questions. >> we are ready to move on to our fairness board presentation. >> the chair on the fairness board. we are and advisory board. our position is to uphold meetings and rate recommendation. the board has met 9 times this year to discuss these rates. we have had considerable public testimony, testimony from the p u c to come up with some of our recommendation. the back part of our board is made up from customers and various members from departments within city government such as the controller administrator and office of public finances. the biggest challenge around evaluating these rates for the board is to balance a number of complex and often conflict issues and value sets large around balancing the rates to customer segments, the ease of understanding the rates for the rate payer. when we co

that brings me to slide no. 28 where you can see these primary lievers. how the start up reserve is repaid through rates and what level we assume of care customer participation occurs in the program. what we've done to try to make this a digestible element is to show you what the approximate and i emphasize approximate cents per kilowatt hour reduction would occur under different scenarios. we have priced this program in our conversations with you assuming that 10 percent of the supply is bundled kilowatt hours. 85 percent of the supply is firmd and shamed and 5 percent is renewable credit. shaped. under the law those are the characterization of the process for a hundred percent renewal portfolio. what you see under no. 1 under the renewable mix, the annual impact if we shifted from 5 percent renewable energy credits which are the least expensive product to 85 percent renewable energy credits in our resource portfolio, if we were to leave rate, how much funds would that free up in just that choice free up each year? that would free up about $7.2 million t