California Energy Companies Announce Wildfire Preparedness Campaign Around Public Safety Power Shutoffs May 06, 2019 ROSEMEAD, Calif., May 6, 2019 — Today California’s three largest energy companies announced a coordinated wildfire safety and awareness campaign to prepare Californians for the threat of extreme weather and power outages during times of increased wildfire danger. Read More
Joint Statement From Edison International Board Chair William P. Sullivan, President and CEO Pedro J. Pizarro on the Passing of Ellen Tauscher, Member of the Edison International Board of Directors April 30, 2019 Media Contact: Charles Coleman, (626) 302-2255 ... Read More
Edison International Reports First Quarter 2019 Results April 30, 2019 ROSEMEAD, Calif., April 30, 2019 - Edison International (NYSE: EIX) today reported first quarter 2019 net income of $278 million, or $0.85 per share, compared to net income of $218 million, or $0.67 per share, in the first quarter 2018. As adjusted, first quarter 2019 core earnings were $206 million, or $0.63 per share, compared to core earnings of $262 million, or $0.80 per share, in the first quarter 2018. Read More
SCE Procures 195 Megawatts of New Clean Energy Resources in Ventura, Santa Barbara Areas April 26, 2019 ROSEMEAD, Calif., April 26, 2019 — Southern California Edison announced that it has signed seven contracts for 195 megawatts of battery-based energy storage resources to meet local capacity requirements in the Santa Clara sub-area of its electrical system. Read More
Southern California Edison Declares Dividends April 25, 2019 ROSEMEAD, Calif., April 25, 2019 — The Board of Directors of Southern California Edison Company today declared the following dividends: A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust II’s 5.10% Trust Preference Securities, payable on June 15, 2019, to the shareholder of record on June 14, 2019... Read More
Southern California Edison Seeks to Add Wildfire Risk Component in Cost of Capital Filing With California Public Utilities Commission April 22, 2019 ROSEMEAD, Calif., April 22, 2019 — Southern California Edison today asked the California Public Utilities Commission (CPUC) to include a wildfire risk component in setting the company’s authorized cost of capital for utility operations for the three-year period starting in 2020. Read More
West Coast Power Providers Explore EV Charging for Zero-Emission Shipping Along I-5, Connecting Routes April 18, 2019 ROSEMEAD, Calif., April 18, 2019 — In California, the transportation sector accounts for nearly 80% of the state’s air pollution and more... Read More
Meeting California’s Climate Change Goals Through Building Electrification April 15, 2019 Meeting California’s ambitious greenhouse gas emission reduction goals will require a significant electrification of homes and other... Read More
SCE Reaction to Governor’s Strike Force Report April 12, 2019 ROSEMEAD, Calif., April 12, 2019 — Southern California Edison is encouraged by the broad scope of Gov. Newsom’s strike force report, which... Read More
Southern California Edison Files Request With Federal Regulator to Increase Return on Equity Due to Unique Wildfire Risk April 11, 2019 ROSEMEAD, Calif., April 11, 2019 — Citing “dramatic, material changes” to its regulatory and financial conditions, Southern California Edison today filed a request with the Federal Energy Regulatory Commission (FERC) to include an adjustment for the company’s extraordinary wildfire risk in the authorized return on equity (ROE) for the portion of its business regulated by FERC. Read More
