SCE to Hold Briefing about Residential Customer Rate Changes

June 26, 2014

Media Contact: Lauren Bartlett, (626) 302-2255

Advisory for Tuesday, July 1

WHAT: Southern California Edison (SCE) will hold a briefing to explain changes this summer to residential customer bills. A rates expert will explain the key factors impacting rates.

WHEN: 10:30 a.m.-noon, July 1.

WHERE: County of Ventura Government Center, Lower Plaza Assembly Room, 800 S. Victoria Ave., Ventura. Map

WHO:

  • Russ Worden, a director in the SCE rates group, will give a presentation and answer questions.
  • Sandy Close, executive director and director of New America Media, will moderate.

BACKGROUND: It's important for customers to understand why their electricity bills are changing. The key factors:

  • The cost to generate or buy power is increasing: This cost increase is passed directly to the customer, and SCE doesn’t make a profit from this.
  • Infrastructure investments: SCE is updating the grid to deliver safer and more dependable electricity.
  • Rate design changes: Currently high-usage customers subsidize low-usage customers. With this upcoming change, costs will be more evenly spread among all of our customers.

PARKING: Parking is available in the center’s lot.