Media Contact: Southern California Edison,Vanessa McGrady, (626) 302-2255
Investor Relations Contact: Southern California Edison, Scott Cunningham, (626) 302-2540
ROSEMEAD, Calif., Sept. 25, 2009 – Southern California Edison (SCE) will be able to significantly enhance its industry-leading energy efficiency programs with a new commitment from the California Public Utilities Commission (CPUC). The Commission approved a three-year, $3.1 billion budget for SCE and the state’s other investor-owned utilities. SCE’s portion is $1.2 billion. The budget, which spans 2010 to 2012, is the largest commitment to energy efficiency by any state.
“Southern California Edison admires the Commission’s innovative thinking and groundbreaking work on this decision. We are looking forward to helping all our customers save energy, money and the environment by participating in our energy efficiency programs,” said SCE Senior Vice President of Customer Service Lynda Ziegler. “We appreciate the collaboration with the Commission – this commitment to California’s clean, green energy future is a win for our customers and the environment.”
SCE customers will benefit directly from this funding through new statewide programs that will pay incentives for reduced energy use. Developers will be encouraged to construct zero-net energy usage homes and businesses, and perform public-sector building retrofits. The decision also will result in the creation of 15,000 to 18,000 skilled green jobs.
With the adoption of these programs and budgets, the CPUC has authorized SCE to implement the most aggressive energy efficiency portfolio to pursue the highest electricity savings goals of any utility in the nation. Over the next three years, SCE will partner with its customers to help them save more than 4.7 billion kilowatt-hours of electricity usage. That is enough to power nearly 650,000 homes while eliminating 1.5 million metric tons of greenhouse gas emissions.
The programs include rebates for customers when they purchase energy efficient appliances and lighting, free energy-efficiency surveys, and free energy-efficient appliances for lower-income customers. For more about SCE’s energy efficiency incentives, see www.sce.com/rebatesandsavings.
About Southern California Edison
An Edison International (NYSE:EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of nearly 14 million via 4.9 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.