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SOUTHERN CALIFORNIA EDISON REJECTS PROPOSED GENERATION RESOURCE PLAN AS $2.0 BILLION TOO COSTLY

SOUTHERN CALIFORNIA EDISON REJECTS PROPOSED GENERATION RESOURCE PLAN
 AS $2.0 BILLION TOO COSTLY
 ROSEMEAD, Calif., Feb. 25 /PRNewswire/ -- Southern California Edison believes that a decision proposed to the California Public Utilities Commission by an administrative law judge is "far too costly for our customers," said Vikram S. Budhraja, Edison's vice president of system planning and operations. The proposed decision would require Edison to add up to $2.0 billion worth of unneeded new generating capacity to its system over the next eight years, he said.
 "Edison has committed itself to one of the most intensive customer energy efficiency programs of any utility in the nation," Budhraja said. "As a result of these efficiency programs, Edison will not need any new generating resources in this decade. To require us to purchase up to $2 billion of unneeded capacity would unnecessarily burden our customers when they should instead be offered the lowest possible energy costs."
 The new generating resources called for in the draft decision issued yesterday would mandate that Edison customers invest up to $2.0 billion for 735 megawatts of new and unneeded generating resources, including geothermal and wind energy facilities that would rank among Edison's most costly energy options.
 "Edison is a leader in fostering the development of renewable energy resources, but we do not need more resources today. Edison already obtains more than 20 percent of its total energy needs from environmentally friendly resources such as hydro, wind, biomass, geothermal and solar," Budhraja said. "No utility in the country has as broad a diversity of renewable resources as Edison.
 "It is ironic that the draft ALJ decision would result in construction of unneeded power plants, and further increase costs of doing business in California at a time when the state is in the grips of a prolonged recession and struggling to maintain economic vitality," Budhraja said. "The draft study by the California Commission on Economic Competitiveness (the Ueberroth Commission) makes clear how bad this idea is both in concept and timing."
 The proposed CPUC decision would require Edison to solicit bids for the addition of 50 megawatts of new wind generation resources and 300 megawatts of new geothermal resources, and add 385 megawatts of new capacity to an existing Edison plant.
 The CPUC is expected to reach a final decision on Edison's future generating resource needs by late March. "We urge the commissioners to reject this proposed decision and adopt one which will not burden Edison customers with unneeded costs," Budhraja said.
 -0- 2/25/92
 /CONTACT: Paul Klein of Southern California Edison, 818-302-2255/ CO: Southern California Edison ST: California IN: UTI SU:


KJ -- LA037 -- 2524 02/25/92 16:34 EST
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Publication:PR Newswire
Date:Feb 25, 1992
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