Fitch downgrades Socal, Edison, and Pacific Gas & Electric

It also put Southern California Edison and Pacific Gas and Electric on rating watch negative. Fitch does not rate PG&E Corp., the parent of Pacific Gas and Electric Co.

Jan. 3, 2001– An energy analyst has called the California PUC’s 90-day electric rate surcharge ‘grossly inadequate’ for the survival of Pacific Gas & Electric Co. and Southern California Edison Co.

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