Edison wants ratepayers to take a billion-dollar charge

Under the 1996 legislation that deregulated the state’s electric power industry, rates are frozen for the residential and small business customers of Southern California Edison and Pacific Gas & Electric until March 31, 2002, or until the utilities pay off their “stranded assets,” investments in nuclear power plants and other obligations.


Total electricity demand this winter is expected to be 2.8% higher than last year, federal energy forecasters predicted Friday. The Energy Information Agency (EIA) said the winter should be 11% colder than last, resulting in a 4.6% increase in electricity use by the residential sector and 3.9% increase by the commercial sector.

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  • The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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