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CPUC to Vote Today on Near-10% Southern California Edison Rate Hike

Regulators say the increase funds wildfire safety, infrastructure upgrades, future demand.

Overview

  • Commissioners are scheduled to take up the proposal at 11 a.m. in San Francisco, with public comment and the option to approve, modify, or hold the item.
  • For a typical household using 500 kWh, the average monthly bill would rise about $17 to roughly $187.83, or about $200 a year.
  • The proposed decision sets SCE’s 2025 revenue requirement at $9.756 billion, about $727 million less than requested, with inflationary adjustments contemplated through 2028.
  • If adopted, new rates would take effect Oct. 1 and revenue differences accrued since Jan. 1 would be recovered over 24 months.
  • SCE cites wildfire mitigation and grid reliability needs, while opponents including Riverside County Sheriff Chad Bianco urge rejection and criticize a new income-based fixed charge starting in November.