The effects of Southern California Edison’s settlement
<p class="source">The Associated Press</p>
<p>Q: What does Edison's proposed settlement with state regulators mean for customers?</p>
Energy
Energy and utility watchdog coverage — gas prices, oil-industry profits, utility rates, and clean-energy accountability.
Edison rates to remain high under utility’s deal with state
<p class="source">The Associated Press</p>
<p>Consumer advocates warn that Southern California Edison customers, already saddled with last spring's record rate increase until 2003, could face even more rate hikes in the months ahead.</p>
PUC, Edison reach deal on debts
<p class="source">Sacramento Bee</p>
<p>Ending months of lawsuits and legislative debate, utility regulators and Southern California Edison struck a deal Tuesday that both say could keep the state's second-largest utility from following Pacific Gas and Electric Co. into bankruptcy court.</p>
PUC won’t OK state’s long-term contracts
<h3>Edison settlement avoids bankruptcy</h3><p class="source">The San Francisco Chronicle</p>
<p>In a pair of actions that could reshape California's energy strategy, state utility regulators blocked a payment plan yesterday for state power contracts they consider too costly</p>
PUC shocks Gov. Davis on rates, utility bailout
<p class="source">Contra Costa Times</p>
<p>In a memorable Tuesday, the California Public Utilities Commission defied Gov. Gray Davis and reaffirmed its power to set electricity rates. Then, after lunch, it bailed out the state's second largest utility.</p>
PUC halts $12.5 billion bond sale, aids Edison rescue
<p class="source">The San Diego Union-Tribune</p>
<p>State power regulators appointed by Gov. Gray Davis defied him yesterday by blocking a $12.5 billion bond to repay the state for power purchases, potentially forcing big cuts in state programs next year.</p>
Se acerca el rescate de la Edison
<h3>Aunque hay mucho que negociar, prometen que habrá acuerdo</h3><p class="source">La Opinión</p>
<p>Una semana más tarde de lo anticipado, se llevará a cabo la sesión extraordinaria de la Legislatura para rescatar de la bancarrota a la empresa de distribución de electricidad Southern California Edison</p>
SCE Settlement
<p class="source">City News Service of Los Angeles</p>
<p>A federal judge held off today on signing a proposed settlement that Southern California Edison reached with the state's utilities commission, until all interested parties have time to comment on it.</p>
Regulators announce Edison rescue plan, consumers claim bailout
<p class="source">The Associated Press</p>
<p>State power regulators on Tuesday settled a suit by Southern California Edison, allowing the utility to pay its estimated $3 billion debt in part by retaining record rate hikes levied on customers this spring.</p>
Bailout Watch #81 – Oct 01, 2001
<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/>
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Bailout Watch #81 - Oct 01, 2001<br/>
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A New Low for Edison.</strong> In the days after the attacks on New York and Washington, Edison's ruthless...
Senator: Bailout will cost public
<h3>McClintock speaks to utility's workers, decries Gov. Davis' push for bill.</h3><p class="source">Ventura County Star</p>
<p>State Sen. Tom McClintock told 50 Southern California Edison employees outside his Thousand Oaks office Friday morning that he opposes a bill that allows the utility to sell bonds to erase a $2.9 billion debt.</p>
PG&E Chief: FERC Delays Are Biggest Threat To Reorganization
<p class="source">Energy Daily</p>
<p>Despite howls of protest from California officials and consumer groups, the head of PG&E Corp. said this week he is very confident that the reorganization plan the company submitted in bankruptcy court last week will be enacted.</p>