Sign in Subscribe
Public utilities

Southern California Edison's Request for Recovery Bonds Faces Criticism

Strategic Insights

— 1 min read

The California Public Utilities Commission (CPUC) has released a document detailing the Certificate of Service for Southern California Edison's (SCE) second application for authority to issue recovery bonds for certain costs and expenses. This application, filed June 23, 2021 (Application 21-06-016), has sparked criticism from various parties, including the California Large Energy Consumers Association (CLECA) and the Utility Reform Network (TURN).

The Certificate of Service lists numerous parties involved in the proceeding, including SCE, Pacific Gas and Electric Company (PG&E), and San Diego Gas & Electric Company (SDG&E). CLECA and TURN have submitted comments opposing the application, citing concerns about the proposed recovery bonds and their potential impact on consumer costs. The CPUC's Rules of Practice and Procedure govern the service of documents in this proceeding.

Key Takeaways:

  • Southern California Edison has submitted a second application for authority to issue recovery bonds for certain costs and expenses, which has faced opposition from various parties.
  • The California Large Energy Consumers Association (CLECA) and the Utility Reform Network (TURN) have submitted comments criticizing the application, citing concerns about the proposed recovery bonds and their potential impact on consumer costs.
  • PG&E, SDG&E, and other parties are listed as intervenors in the proceeding, which aims to determine the feasibility of the proposed recovery bonds.
  • The CPUC's Rules of Practice and Procedure govern the service of documents in this proceeding, including the Certificate of Service.
  • The application was filed June 23, 2021 (Application 21-06-016), and the comments from CLECA and TURN were submitted on October 11, 2021.
  • The Certificate of Service lists numerous parties involved in the proceeding, including attorneys, energy producers, and regulatory bodies.
  • The proceeding aims to balance the interests of various stakeholders, ensuring that the proposed recovery bonds are reasonable and do not unfairly burden consumers or other parties.

Statistics:

  • 21-06-016 is the application number for Southern California Edison's second request for authority to issue recovery bonds.
  • June 23, 2021, is the date when the application was filed.
  • October 11, 2021, is the date when CLECA and TURN submitted their comments opposing the application.
  • The Certificate of Service lists 41 parties involved in the proceeding.

Sources:

  • California Public Utilities Commission (CPUC) - Certificate of Service, Application 21-06-016
  • California Large Energy Consumers Association (CLECA) - Comments on Proposed Decision, A2106016
  • Utility Reform Network (TURN) - Comments on Proposed Decision, A2106016

Read more