Business Services Industry
Southern California Edison Wins Regulatory Approval to Acquire Power Plant.
Knight Ridder/Tribune Business News, December, 2003
By Leslie Berkman, The Press-Enterprise, Riverside, Calif. Knight Ridder/Tribune Business News
Dec. 19--Southern California Edison Co. won authorization Thursday from the California Public Utilities Commission to acquire a 1,054-megawatt power plant under development in Redlands.
It is a step toward bringing the utility back into the energy development business for the first time since the state's ill-fated deregulation.
In an unusual move, the commission allowed Edison to buy the Mountainview Power Plant through a new subsidiary that would sell power back to its parent company, Edison. As a wholesale producer of power, the subsidiary would be under regulation of the Federal Energy Commission.
Edison has insisted that FERC...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Bilambil Heights
- Melrose Jewelers USA: Melrose Jewelers Launches USA's Largest Rolex Information, Education, and Reference Center
- First California Announces Pricing of Common Stock Offering
- Safe Bulkers, Inc. Announces Pricing of Its Public Offering of Common Stock
- National Energy Services Company, Inc. Names President
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- The last smoke: medical marijuana. (American Survey)
- Is business ethics an oxymoron? - Editorial - Cover Story
- Top of the line: some of the world's most well-respected doctors practice in South Florida. A guide to choosing the best physician specialists - Top Doctors in South Florida
- Sayonara, Uddevalla? - production methods of Volvo's Uddevalla plant in Sweden
