Between coal, nuclear, and state regulators, Southern California Edison\u2019s parent company avoided giving financial guidance to investors for next year in its third quarter earnings report Nov. 1. Edison International noted the uncertainty surrounding the 2,100 MW nuclear plant its utility owns with San Diego Gas & Electric. \u201cIt is not clear at this time if the units can be repaired, and it appears complete replacement of the steam generators would take some years,\u201d said chief executive officer Ted Craver. Costs incurred since shutdown, including repair, inspection, and replacement costs, are estimated at $317 million, according to Edison. The total amount in the rate base for the facility is $1.16 billion. Edison\u2019s total investment in San Onofre is $2.13 billion. While the California Public Utilities Commission opened an investigation into whether the nuclear plant should remain in rates Oct. 25, Jim Scilacci, company chief financial officer, said \u201cOur actions were reasonable and we seek to recover those dollars\u201d. A second regulatory issue dogging the company is the proposed general rate case decision. If a proposed decision is approved, Edison rates would increase 5.45 percent. The utility proposed a 16.6 percent increase two years ago. The state would reduce Edison\u2019s request for capital spending by $814 million and crimp expenses by $243 million. In all, the commission is set to authorize a rate base of $5.7 billion for 2012. Executives said they\u2019d work within the parameters of any new allowance imposed. \u201cWe\u2019ll adjust spending to what\u2019s authorized by the commission,\u201d said Scilacci. The utility parent company noted that its unregulated subsidiary, Edison Mission, may file for bankruptcy protection. Its primary liability is its Homer City coal-fired power plant.