Southern California Edison eyeing ‘substantial investments’ in grid resilience and reliability, CEO says
Source: Utility Dive | By Kavya Balaraman
In a general rate case application with the CPUC in May, SCE asked for a $10.3 billion base revenue requirement for 2025 — a 23% increase over its 2024 requested revenue requirement — followed by increases of roughly $600 million, $700 million and $700 million, respectively, in 2026, 2027 and 2028.
SCE’s experience with wildfire mitigation has shown that insulating overhead power lines is a quick and cheap option to prevent utility-caused fires, according to Mark Toney, executive director of ratepayer group The Utility Reform Network.
On the other hand, TURN has concerns about the revenue requirement increase that SCE is requesting as part of its general rate case application.
“We cannot solve the climate crisis exclusively on the backs of electricity customers because it’s the most regressive way to fund climate change [action]. We need to look for things like income tax, and state and federal funds, that have a more fair distribution of who pays,” Toney said.
