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Utilities Online Article |  | |
Dec. 22, 2003 -- The Ninth Circuit Court of Appeals has affirmed the Oct. 5, 2001, judgment by U.S. District Court Judge Ronald S.W. Lew approving the settlement agreement between Southern California Edison (SCE) and the California Public Utilities Commission that allowed SCE to recover its procurement-related costs during California's energy crisis.
The Utility Reform Network had appealed the judgment. The Dec. 19 action followed an earlier decision by the Ninth Circuit Court of Appeals upholding the stipulated judgment on federal law grounds and a California Supreme Court decision finding that the settlement was consistent with state law.
SCE responded that it was pleased that the settlement agreement was approved.
An Edison International (NYSE: EIX - News) company, Southern California Edison is one of the nation's largest electric utilities, serving a population of more than 12 million via 4.5 million customer accounts in a 50,000-square-mile service area within central, coastal and Southern California.
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