Southern California Edison wants departing customers to hand over $125 million
LA TimesSouthern California Edison crews work to replace power poles and lines destroyed by the Woolsey fire along Pacific Coast Highway in Malibu last month. They say charging $125 million to customers switching to Clean Power Alliance in 2019 would hurt the new energy agency’s finances and could affect its ability to lure customers away from Edison. She said Edison had “every opportunity” to recover its $972 million by raising electricity rates during the final months of 2018, before many customers leave for Clean Power Alliance. Even if state officials approve Edison’s request, Clean Power Alliance will still be able to offer the competitive electricity rates it has promised, said Ted Bardacke, the energy agency’s executive director. Edison wants to raise next year’s exit fees to include the $125 million in charges to customers departing for Clean Power Alliance.
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