Edison International, through its subsidiaries, engages in supplying and delivering electricity. Subsidiaries Southern California Edison Company (SCE) SCE is a public utility that engages primarily in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. The SCE service area contains a population of approximately 14 million people. SCE serves the population through approximately 5 million customer accounts. 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 kV to 500 kV and substations. SCE's distribution system, which takes power from substations to customers, includes approximately 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. Transmission Projects Tehachapi Project: The Tehachapi Project consists of new and upgraded electric transmission lines and substations between eastern Kern County and San Bernardino County and is undertaken to bring renewable resources in Kern County to energy consumers in the Los Angeles Basin and the California energy grid. West of Devers Project: West of Devers Project would upgrade SCE's existing West of Devers transmission line system by replacing a portion of the existing 220 kV transmission lines and associated structures with higher-capacity transmission lines and structures. The West of Devers project is intended to facilitate the delivery of electricity produced by new electric generation resources that are being developed or planned in eastern Riverside County. Coolwater-Lugo Transmission Project: The Coolwater-Lugo Project would provide additional 220 kV transmission capacity needed in the Kramer Junction and Lucerne Valley areas of San Bernardino County to alleviate an existing bottleneck to facilitate interconnection of renewable generation projects. The Coolwater-Lugo scope primarily consists of installing new transmission lines and new substation facilities. Seasonality Due to warm weather during the summer months and SCE's rate design, operating revenue during the third quarter of each year (year ended December 2014) is generally higher than the other quarters. Regulation As a public utility holding company, the company is subject to the Public Utility Holding Company Act. The Public Utility Holding Company Act primarily obligates the company and its utility subsidiaries to provide access to their books and records to the Federal Energy Regulatory Commission and the California Public Utilities Commission for ratemaking purposes. The construction, planning and project site identification of SCE's transmission lines and substation facilities require the approval of various governmental agencies and compliance with various laws in addition to the California Public Utilities Commission and Federal Energy Regulatory Commission. These include various state regulatory agencies depending on the project location; the California Independent System Operator, and other environmental, land management and resource agencies, such as the Bureau of Land Management, the U.S. Forest Service, the California Department of Fish and Game, and the California Coastal Commission; and regional water quality control boards. Regulations under the federal Clean Water Act dictate permitting and mitigation requirements for majority of SCE's construction projects, and govern critical parameters at generating facilities, such as the temperature of effluent discharges and the location, design, and construction of cooling water intake structures at generating facilities. SCE's operations in California are subject to two laws governing greenhouse gas emissions. The first law, the California Global Warming Solutions Act of 2006, establishes a program to reduce greenhouse gas emissions. The second law, SB 1368, required the California Public Utilities Commission and the California Energy Commission to adopt greenhouse gas emission performance standards that apply to California investor-owned and publicly owned utilities' long-term arrangements for the purchase of electricity. SCE obtains power needed to serve its customers primarily from purchases from qualifying facilities, independent power producers, the California Independent System Operator, and other utilities, as well as from its generating facilities. History Edison International was founded in 1886. The company was incorporated in 1987.
(EIX:New York Consolidated)
2244 Walnut Grove Avenue
PO Box 976
Rosemead, CA 91770
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