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Natural gas needed in California's clean energy transition, Edison International CEO says
Natural gas is cheapest and most reliable power generating source in California's clean energy transition, Edison International CEO says. 40 percent of U.S. Electricity is powered by gas. California has set a goal for its electric grid to reach carbon by 2045. Unlike wind and solar, gas emissions contribute to global warming.
Reuters · 3d ago
FACTBOX-US utilities under fire over role in deadly blazes
US utilities under fire over role in deadly blazes. Texas wildfire is largest on record for the state. U.S. Utility firms have been sued in the recent past for their alleged role in wildfires. Xcel Energy, Hawaiian Electric and PG&E are among those facing lawsuits.
Reuters · 03/06 12:29
UPDATE 1-Southern California Edison to pay $80 mln to US over 2017 wildfire
Southern California Edison to pay $80 mln to US over 2017 wildfire. The 2017 Thomas wildfire burned more than 280,000 acres in California. The accord is the federal government's largest wildfire settlement in the Central District of California. Southern California Edison did admit wrongdoing in agreeing to settle.
Reuters · 02/26 21:18
Edison International beats quarterly profit estimates on higher rates
Edison International beats quarterly profit estimates on higher rates. The company forecast full-year 2024 profit of between $4.75 and $5.05 per share. Utility companies use General Rate Case proceedings to increase consumer electricity prices. Edison beat Wall Street estimates for fourth-quarter profit.
Reuters · 02/22 21:39
California utility to blame for deadly 2022 fire -report
A power line had sagged and hit a communications line, causing sparks to ignite vegetation, the washington post reports. The 2022 fire killed two people and burned 28,000 acres in riverside county, the report says. Southern california edison is to blame for the fire, the post says.
Reuters · 11/16/2023 03:22
Edison International miss profit estimates
Reuters · 11/01/2023 20:50
UPDATE 1-US sues Southern California Edison over 2020 California wildfire
Reuters · 09/01/2023 22:07
Edison International beats profit estimates on higher electricity rates
Reuters · 07/27/2023 21:53
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About SCE-PRE
Southern California Edison Company (SCE) is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. SCE supplies electricity to its customers through transmission and distribution networks. Its transmission facilities, which include sub-transmission facilities and are located primarily in California but also in Nevada and Arizona, deliver power from generating sources to the distribution network and consist of lines ranging from 33 kilovolt (kV) to 500 kilovolt (kV) and substations. SCE's distribution system, which takes power from substations to customers, includes over 53,000 line miles of overhead lines, 38,000 line miles of underground lines and approximately 800 distribution substations, all of which are located in California. Edison International is the parent holding company of SCE.