SCE Responds to EOB Hearing on New Market Design

March 21, 2003

March 21, 2003

California's Electricity Oversight Board (EOB) today held hearings on steps being considered by the California Independent System Operator (Cal-ISO) to redesign the state's electricity markets.  In response, SCE offered the following comment.

ROSEMEAD, Calif., March 21, 2003 - In general, we support market changes proposed by Cal-ISO, including the use of Locational Marginal Pricing.  However, we believe it is important that each change be thoroughly studied, even if that requires delaying the current implementation schedule. 

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An Edison International company, Southern California Edison is one of the nation's largest electric utilities, serving a population of more than 12 million via 4.5 million customer accounts in a 50,000-square-mile service area within central, coastal and Southern California. For more information on the California electricity crisis, see www.sce.com.