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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 […]

November 18, 2021|

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 […]

November 2, 2021|

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,” […]

October 5, 2021|

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 […]

August 19, 2021|
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