Southern California Edison
Delays in Public Ability to Review Renewable Contract & Bids Shortened
It’s been nearly two decades since California first ordered utilities to enter into long-term contracts for renewable contracts and simultaneously cloaked the terms of those agreements in secrecy for up to a decade. That’s despite the fact that ratepayers pay for these agreements.
The California Public Utilities Commission on Nov.18 voted to expose the contracts […]
PG&E and SCE Earnings Plummet
California’s two largest investor-owned utilities latest losses from growing wildfire liability total more than $1.3 billion.
Pacific Gas & Electric lost $1 billion last quarter. That compares with positive earnings of $167 million for the third quarter of 2020.
The utility dominates its parent company’s ledger. Pacific Gas & Electric Corp. also lost more than $1 […]
New CPUC Rulemakings Aim to Reduce Disconnections and Increase Utility Safety
The California Public Utilities Commission voted to launch a pilot project to curb power disconnections at struggling customers’ homes as part of a new rulemaking. It also acted to add yet another layer of safety to reduce utility gas leaks and blasts, and equipment-sparked fires.
The Oct. 7 CPUC meeting was also the first since […]
Edison Warns California Won’t Make its Greenhouse Gas Limits
Edison International added its voice to warnings that California will not reach its greenhouse gas reduction mandate set for 2030 under the 15-year old AB 32 without major changes at the state and federal levels, and government financial assistance.
“Planning, siting and permitting must evolve to reduce project lead times and forge new social contracts,” […]
Millions of Dollars Allegedly Diverted from City of Industry Solar Study to Former Officials
The Los Angeles County District Attorney charged a former state senator, a City of Industry former city manager, and two others with embezzling millions of dollars intended for a large solar project study. The four men allegedly siphoned up to $20 million from a study on the suitability of a 450 MW solar farm […]
SCE Wins $7.7 Billion Rate Case
The California Public Utilities Commission approved a 19% increase in Southern California Edison’s triennial rate case. Its revenue requirement will rise from the current authorized rate of $6.4 billion to $7.7 billion by 2023.
Much of the revenue and big rate hike—close to $4 billion over the three years—is attributable to the cost to insulate […]