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EDISON PAYS FIRST INSTALLMENT OF $128 MILLION 1993-1994 CALIFORNIA PROPERTY TAX BILL

 ROSEMEAD, Calif., Dec. 10 /PRNewswire/ -- On Dec. 10, 1993, Southern California Edison Co. paid the first installment of its $128 million 1993-1994 property tax bill. Edison pays property taxes to 19 California counties for facilities that produce and distribute electricity to Edison's 4.1 million customers.
 "Los Angeles County receives $42.4 million in 1993-1994 property taxes, while Orange and San Diego counties receive $17 and $21.3 million, respectively," Edison Assistant Controller Anthony L. Smith said.
 Property taxes are assessed on the company's properties, including power plants, transmission and distribution lines, substations, offices, and other facilities needed to supply electricity to Edison's customers.
 Smith added, "In addition to providing vital electric service to a large portion of California, Edison also makes significant contributions to local communities through property tax payments. The taxes support local schools, city and county community services."
 -0- 12/10/93
 /CONTACT: Josephine Piantedosi, 818-302-2255/


CO: Southern California Edison Co. ST: California IN: UTI OIL SU:

JL-LS -- LA041 -- 2839 12/10/93 18:26 EST
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Publication:PR Newswire
Date:Dec 10, 1993
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