Profile: Edison International (EIX.N)
19 Dec 2013
Edison International, incorporated on April 20, 1987, is a holding company of Southern California Edison Company (SCE). SCE is a public utility primarily engaged in the business of supplying electricity to an approximately 50,000 square-mile area of southern California. The SCE service territory contains a population of nearly 14 million people and SCE serves the population through approximately 5 million customer accounts. In August 2013, Edison International completed the acquisition of SoCore Energy, LLC.
SCE's retail operations are subject to regulation by the California Public Utilities Commission (CPUC). SCE has a five tier residential rate structure. SCE supplies electricity to its customers through transmission and distribution networks. Its transmission facilities, which 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 kilovolts to 500 kilovolts and substations. SCE's distribution system, which takes power from substations to customers, includes over 59,000 circuit miles of overhead lines, 44,000 circuit miles of underground lines and over 700 distribution substations, all of which are located in California. San Onofre, Four Corners, certain of SCE's substations, and portions of its transmission, distribution and communication systems are located on lands owned by the United States or others under licenses, permits, easements or leases, or on public streets or highways pursuant to franchises. Thirty-one of SCE's 36 hydroelectric plants and related reservoirs are located in whole or in part on United States-owned lands and are subject to Federal Energy Regulatory Commission (FERC) licenses.
2244 Walnut Grove Avenue,
P.O. Box 976
ROSEMEAD CA 91770