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CALIFORNIA | LOCAL
February 2, 2012 | By Hector Becerra, Los Angeles Times
State regulators on Wednesday slammed Southern California Edison for outages that left nearly a quarter of a million customers without power —- some for more than a week — during a windstorm late last year. In a preliminary report, the California Public Utilities Commission concluded that some equipment, including 21 wooden poles and 17 cables used to stabilize them, did not meet safety standards. Regulators also criticized Edison for what they said was a slow response to restore power to residents and businesses.
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BUSINESS
July 10, 1998 | Bloomberg News
PacifiCorp, a Portland, Ore.-based power company, is seeking to sell its two smallest electric utilities, in California and Montana, to focus on deregulation efforts in five other states where it operates. PacifiCorp said its Pacific Power utilities in California and Montana sell electricity to 76,000 customers, or about 5.5% of its 1.4 million customers. The planned divestiture comes as states determine how much, and how quickly, they'll open electric utility monopolies to competition.
BUSINESS
July 7, 1989 | PATRICK LEE, Times Staff Writer
The state Public Utilities Commission on Thursday made it easier for electrical utilities to obtain cleaner burning natural gas to make electricity during peak smog months, which should ease air quality problems that result when utilities are forced to burn oil, the PUC said. In a 5-0 vote in San Francisco, the commission relaxed a rule that had prohibited Southern California Gas Co. from earmarking natural gas stored in its vast underground fields for electrical utilities.
BUSINESS
February 3, 1986 | United Press International
Chester Johnson is tired of watching one of North America's last great natural power sources rush unbridled through British Columbia's mountains. It's like watching money flow through his fingers and into the ocean. As chairman of the British Columbia Hydro and Power Authority, Johnson has control over the generation and supply of all electricity in Canada's westernmost province, a land mass more than twice the size of France.
BUSINESS
January 11, 1986 | DONALD WOUTAT, Times Staff Writer
A ruling in a high-stakes jurisdictional squabble between the nation's two largest gas utilities was issued Friday by the California Public Utilities Commission, leaving neither company satisfied. The decision would cut Southern California Gas' share of the lucrative, fast-developing natural gas market in the state's largest oil fields, giving part of its territory to Pacific Gas & Electric.
CALIFORNIA | LOCAL
December 17, 2009 | By Michael Rothfeld
A state Senate committee voted unanimously Wednesday to confirm Gov. Arnold Schwarzenegger's choice to lead California's utility regulation agency through 2014. The 5-0 decision means that Michael Peevey is virtually assured of receiving the support of the full Senate and continuing as Public Utilities Commission president, a position he's held since 2002. Peevey, a former Southern California Edison executive, is married to state Sen. Carol Liu (D-La Cañada Flintridge). Peevey received praise from supporters and lawmakers for working to ensure the reliability of the state's electricity grid and promoting environmentally friendly sources of energy.
BUSINESS
January 7, 2011 | By Marc Lifsher, Los Angeles Times
Gov. Jerry Brown could have a big impact on business and residential energy bills and the California economy by making as many as three appointments this month to the state's top regulatory body, the Public Utilities Commission. At least two appointments to fill current vacancies in the five-member panel could come as early as Friday and could start to give the PUC its most pro-consumer majority since the days of the energy crisis a decade ago. A third member, Nancy Ryan, must step down Jan. 20 if her appointment last year by then- Gov. Arnold Schwarzenegger to a regular six-year term is not confirmed by the state Senate by then.
CALIFORNIA | LOCAL
May 10, 1990 | JOANNA M. MILLER, TIMES STAFF WRITER
Ventura County officials expressed strong concerns Wednesday over potential air pollution problems that could result from a merger of two Southern California power utilities. At one of two public hearings held in Ventura, Susan K. Lacey, a member of the Ventura County Board of Supervisors, demanded that Southern California Edison provide offsetting reductions in pollutants for every additional ton of emissions the merger would bring to the county.
BUSINESS
August 6, 2004 | James F. Peltz, Times Staff Writer
Sempra Energy, the San Diego-based parent of two major Southern California utilities, said Thursday that its second-quarter profit rose 4% from a year earlier on the strength of higher natural-gas and electricity sales. But the earnings fell short of Wall Street's forecasts, and Sempra's stock dropped 46 cents, or 1.3%, to $36 a share on the New York Stock Exchange. Still, the stock is up 22% so far this year. In June, Sempra -- which owns Southern California Gas Co.
BUSINESS
February 26, 2004 | Elizabeth Douglass, Times Staff Writer
Moving to resolve lingering price-manipulation allegations in California, Williams Cos. agreed Wednesday to forgive up to $140 million in unpaid power bills racked up by Southern California Edison, Pacific Gas & Electric Co. and other utilities during the state's energy crisis. The deal, which must be approved by regulators, is expected to result in refunds for some utility customers, who experienced steep rate hikes during the crisis.
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