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Edison International

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 Reimagines California’s Distribution System

Distributed energy’s explosive growth makes integrating it in a way that supports the power system critical, according to a new white paper from Southern California Edison.

The paper forecasts significant growth of distributed energy resources (DER) in California and “we want to have the system technologies […]

January 5, 2021|

Edison’s Earnings Drop, PG&E’s Losses Less Grim

Two of California’s three investor-owned utilities reported second quarter earnings this week. Edison International’s earnings were not as rosy as the same quarter last year, Pacific Gas & Electric Corp’s were not as bad. Sempra reports earnings next week.

Edison International, the parent company of Southern California […]

July 30, 2020|

SoCal Utilities Report Surge in Profit

The parent companies of the investor-owned utilities in Southern California reported rosy 2019 earnings, in contrast to Pacific Gas & Electric. The latter continued to suffer major losses while striving to reorganize and emerge from a Chapter 11 bankruptcy.

Edison International is the parent company of Southern California Edison. […]

February 27, 2020|
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