The weak and let the strong survive, when we merge companies to eliminate over capacity we go higher like we did today with the dow and s p closing at record highs. S p add avancing and thank you carl icahn and apple. He tweets stock goes higher. Hardly a day seems to go by without a deal of some sort a takeover because the ceos in this country are well aware of the over capacity problem in almost every single industry we follow. Today for instance we learned that the publicly traded form of ann taylor will be gobbled up by aacina. Gives a huge 21 premium will be marvelous for them because they need a higher end offering and it can save money immediately by merging the two entities. Companies talking about taking 150 million in cost but i bet david jaffee will be able to do better but figuring out which stores are winners. Thats a tough thing for anns current management to do but expected now that asna is taking it over. Thats what happened in acquisition. People are being frugal and s
Bringing to our rate fairness board the not to exceed rate weve proposed for both our basic cca service, if you will light green part, as well as the upscale, do more, be greener part of the program, the dark green aspect of the program. Well be bringing those rates to the rate fairness board, they have agreed to meet on april 17th. Thats earlier in the schedule as opposed to later so we were late on the ledge reform but were early on the not to exceed rates, we heard a lot of interest in advancing that and were responding to that by advancing the schedule to that. Im not sure theyll be able to vote on that, theyll be comfortable on voting on that the first time they hear it, but we will be prepared to bring it to our commission shortly after the rate fairness board adopts it, it will come to our commission. We are on april 14th bringing to our commission the policy, the Program Design and proposed not to exceed rates so thats at our next puc commission meeting. Well be making that pre
Now about our Energy Future moving forward, trying to look at one of the ideas thats come forward in terms of what we could use as a region are some incentives to actually move towards new Building Construction that is not just Energy Efficient by also is a noncarbon future for these buildings, so noncombustion heating systems, the boilers wouldnt be boilers any more, they would be Something Else that we could put in place, and thats a place where i think there could be work that we could enhance through legislation moving forward and has the department of the environment worked on these types of ideas . Yeah, we are very much now looking at updating the rico, which is the Residential Energy conservation ordinance, we may be coming back to you hopefully soon with some measures for existing buildings. When we talk about new construction were doing a lot of work now looking at the roof, what do we want to do about green roofs and solar, looking at electric vehicles, electrification, this
And jason and the stake holders. Thank you. Great, thank you. Miss hale theres been some activity at the california puc that we wanted to report on. You will recall i have reported a number of times now on their activities with respect to pg es green tariff application. They issued their decision, the cpuc, california puc, issued their decision in late january and that decision was forth the schedule for pg e to file their advice letters, which are the implementation filings that the utilities make after the California Commission tells them what they have authority to do. And that advice letter, pg e will be providing more specificity around a number of the programs features including final rates for the program that they are planning to launch. The sdis, i spoke to some important issues but also deferred a number of issues. For example, the Community Outreach and strategy for engaging low income customers, i think thats an important issue for San Franciscos interest. Options for makin
Because they have a lot of needs for ventilation and other things through that roof top, so theres a lot of competing needs plus the size and the density of the energy needed may mean its difficult to replace a natural gas fired boiler with other technology unless we can find some other source for the gas, like bio gas. Its easier to do in low rise buildings. Thank you. Colleagues, any other comments or questions . Vice chair cruz. Thank you. I just want to thank the department of the environment for coming here today. This was something that i was really excited about, to see the presentation and i spoke with mr. Broomhead before, giving me some ideas on what are the possibilities out there. And what i understand is that there is a whole host of ideas and programs and efficiencies that can be made available for clean power sf customers that they just would not have had the opportunity to see even to find funding for or to package the programs together in a way that they just couldnt g