Southern California Edison Responds to CPUC Announcement
May 10 2016 - 4:05PM
Business Wire
Southern California Edison has now reviewed the ruling issued
Monday by the California Public Utilities Commission. Through its
ruling, the commission has established a process that SCE believes
will lead to a final decision on the San Onofre Nuclear Generating
Station settlement. SCE will participate fully in the commission’s
process.
The commission has established a schedule for further comment on
whether the settlement remains reasonable, consistent with the law
and in the public interest. Based on the commission’s timeline, SCE
will file requested documents by June 2, various parties will file
briefs on the settlement by July 7 and parties will reply and file
recommendations by July 21.
SCE continues to strongly believe that the settlement, reached
among owners SCE and San Diego Gas & Electric Co. and consumer,
environmental and labor advocates, remains fair, lawful and in the
public interest. SCE has already made significant refunds to
customers under the San Onofre settlement. A portion of these
refunds is reflected in an 8 percent average rate reduction
announced for this year, which also incorporates the impacts of
SCE’s ongoing commitment to cost containment.
SCE looks forward to the opportunity presented by the
commission’s ruling to present the facts that support the fairness
of the settlement, which the commission unanimously approved after
an extensive public proceeding.
SCE is focused on safely decommissioning San Onofre, guided by
core principles of safety, stewardship and engagement. SCE has
established a Community Engagement Panel to support those
principles. For more information, visit songscommunity.com.
About Southern California Edison
An Edison International (NYSE:EIX) company, Southern California
Edison is one of the nation’s largest electric utilities, serving a
population of nearly 14 million via 5 million customer accounts in
a 50,000-square-mile service area within Central, Coastal and
Southern California.
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version on businesswire.com: http://www.businesswire.com/news/home/20160510006860/en/
Media Contact:Southern California EdisonMaureen Brown, (626)
302-2255
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