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CALIFORNIA | LOCAL
March 4, 1989
The South Coast Air Quality Management District adopted a policy Friday that would ban the burning of oil by electric utilities in Southern California after 1996. The policy extends the oil-burning ban to commercial uses after 1997. The unanimous vote formalizes a key part of the district's controversial air quality management plan, a sweeping proposal to generally replace fossil fuels with clean-burning fuels in the region by the late 1990s.
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CALIFORNIA | LOCAL
December 24, 2010 | By Bob Pool, Los Angeles Times
It may have taken 18 months, but the state Public Utilities Commission has finally pulled the plug on a humming backyard electric transformer that a Cerritos man says kept him awake at night. The Southern California Edison Co. has replaced the noisy ground-mounted transformer behind John Davis' house with a quieter, more expensive model ordered by the commission. Replacement of the unit, which converts high-voltage electricity to 110 volts for Davis' home and about 20 neighbors, ended a year-and-a-half-long dispute between him and electric company.
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BUSINESS
May 6, 1991 | GREG JOHNSON, TIMES STAFF WRITER
When Southern California Edison executives made their bid to merge with San Diego Gas & Electric during the summer of 1988, some industry observers predicted that the deal would be completed in about two years. But unforeseen obstacles extended that timetable. SDG&E's board initially fought the uninvited, $1.8-billion stock-swap merger bid by SCEcorp, Edison's Rosemead-based parent company.
BUSINESS
July 21, 2001 | JERRY HIRSCH, TIMES STAFF WRITER
Edison International piled up another big loss in the second quarter as it struggled to keep its Southern California Edison utility out of bankruptcy. Rosemead-based Edison said Friday that it lost $102 million in the second quarter, or 31 cents a share, contrasted with a gain of $137 million, or 41 cents, in the same period a year earlier. Through the first half of this year, Edison lost $719 million, contrasted with net income of $247 million in the same period a year earlier.
NEWS
December 3, 2000 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
California's summertime electricity blues have given way to a winter of energy discontent as the biggest natural gas bills in recent memory begin landing in mailboxes around the state. Consumers are being hit with increases on their November gas bills of 50% on average, with heftier bills expected for December and January. Businesses have been slammed even harder.
BUSINESS
October 13, 1992 | From Reuters
Pacific Enterprises Corp. on Monday announced the $371-million sale of its domestic oil and gas assets to Hunt Oil Co., saying the deal will allow it to concentrate on its core utility business. The Los Angeles company, which is in the process of being broken up after a number of acquisitions during the 1980s, said the sale includes energy reserves on nearly 1.4 million acres of land in the Rocky Mountains, the Midwest and Gulf Coast states.
CALIFORNIA | LOCAL
August 29, 1998 | TONY PERRY, TIMES STAFF WRITER
After the failure of Gov. Pete Wilson and legislative leaders to agree on a water bond, officials were scrambling Friday to pull together the details of a quickly drawn $235-million bill to consummate a historic water deal among San Diego County, the Imperial Valley and the Los Angeles-based Metropolitan Water District of Southern California. The Assembly had been poised to take up the bill Friday night, but abruptly put off the vote until Monday, the last day lawmakers are in session.
BUSINESS
September 1, 1998 | Nancy Rivera Brooks
The California Independent System Operator, which operates the state's electric power grid, declared a "stage two" emergency Monday after power use neared record levels and caused intermittent power outages in the region, thanks to Southern California's current heat wave. Southern California Edison asked neighboring utilities to send crews to help restore power to thousands of customers in its 50,000-square-mile service area.
BUSINESS
November 21, 2000 | From Bloomberg News
A drop in California's electricity reserves again triggered a "Stage Two" emergency in the state after a nuclear plant was shut Monday because of faulty testing equipment. The drop in reserves to below 5% prompted the California Independent System Operator, the agency that manages the state's electricity system, to declare the emergency for the fourth time in seven days. Unusually cold weather has increased heating demand, and other electricity generators have closed for maintenance.
BUSINESS
September 17, 2000 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Sempra Energy just can't seem to get out of the hot seat. First there was the controversial 1998 merger between the parents of San Diego Gas & Electric and Southern California Gas, which created the Sempra Energy holding company and gave it more customers--21 million--than any other utility company in the nation. Now, although the calendar says autumn is less than a week away, warm weather still has Sempra sweating through a summer of electricity discontent.
NEWS
December 3, 2000 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
California's summertime electricity blues have given way to a winter of energy discontent as the biggest natural gas bills in recent memory begin landing in mailboxes around the state. Consumers are being hit with increases on their November gas bills of 50% on average, with heftier bills expected for December and January. Businesses have been slammed even harder.
BUSINESS
November 21, 2000 | From Bloomberg News
A drop in California's electricity reserves again triggered a "Stage Two" emergency in the state after a nuclear plant was shut Monday because of faulty testing equipment. The drop in reserves to below 5% prompted the California Independent System Operator, the agency that manages the state's electricity system, to declare the emergency for the fourth time in seven days. Unusually cold weather has increased heating demand, and other electricity generators have closed for maintenance.
BUSINESS
September 26, 2000 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Southern California Edison said late Monday that it will ask regulators to allow it to recoup its wholesale costs of electricity--an unpaid bill of $2 billion and growing--from customers rather than its shareholders. California's electricity crisis is running up a huge tab for the state's big investor-owned utilities because they have not been able to pass along this summer's record power prices to customers.
BUSINESS
September 17, 2000 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Sempra Energy just can't seem to get out of the hot seat. First there was the controversial 1998 merger between the parents of San Diego Gas & Electric and Southern California Gas, which created the Sempra Energy holding company and gave it more customers--21 million--than any other utility company in the nation. Now, although the calendar says autumn is less than a week away, warm weather still has Sempra sweating through a summer of electricity discontent.
NEWS
August 28, 2000 | CHRIS KRAUL, TIMES STAFF WRITER
With Southern Californians reeling from skyrocketing electric bills, critics charge that fewer than a dozen power suppliers are reaping far greater profits than are justified by the recent surge in wholesale prices of the natural gas they use to create electricity. Their behavior is a major focus of a formal investigation announced last week by federal regulators. Among those under scrutiny are power merchants including Duke Energy, Dynegy, Reliant Energy, Calpine, Southern Co.
CALIFORNIA | LOCAL
October 30, 1998 | TERRY McDERMOTT, TIMES STAFF WRITER
Downstairs at the Hollywood Park Casino early on a Thursday morning, the night-shift workers moved in on the poker tables. The hard-core regulars, the guys with the creased jeans and pointed boots, greeted them and the morning the same way some of them looked to have greeted the night--with the blank gazes and silent mumbles of sure losers. Upstairs, the soft click of chips was replaced by real noise. A little jazz trio kicked out a bluesy wake-up call to go with the coffee.
NEWS
March 28, 1995 | MICHAEL PARRISH, TIMES STAFF WRITER
Southern California Edison Co., positioning itself for a new era of competition, is expected to announce today that it will freeze rates through 1996 for 4 million customers and lower rates by 25% across-the-board by the year 2000. Edison says the action will save its customers more than $500 million a year by decade's end.
BUSINESS
October 14, 1993 | From Times Staff and Wire Reports
GM Details Volunteer Program for Electric Car: General Motors Corp., the California Energy Commission and the state's five largest electric utilities described a test-driving program for the Impact, GM's two-passenger electric sports car. GM will pick 1,000 drivers--more than 300 of them from California--to try the cars for two to four weeks. Southern California customers of Southern California Edison Co., Los Angeles Department of Water & Power and San Diego Gas & Electric Co. will be eligible.
CALIFORNIA | LOCAL
October 22, 1998 | HUGO MARTIN, TIMES STAFF WRITER
A regional water board voted Wednesday to use its surplus to fund infrastructure improvements in 43 cities in Los Angeles County rather than return $50 million to customers. The Water Replenishment District of Southern California, which supplies ground water to 3.5 million people in a 430-square-mile area from Redondo Beach to City of Commerce, accumulated a $60-million budget surplus last year--in part because of El Nino storms that bolstered underground water supplies.
BUSINESS
September 1, 1998 | Nancy Rivera Brooks
The California Independent System Operator, which operates the state's electric power grid, declared a "stage two" emergency Monday after power use neared record levels and caused intermittent power outages in the region, thanks to Southern California's current heat wave. Southern California Edison asked neighboring utilities to send crews to help restore power to thousands of customers in its 50,000-square-mile service area.
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