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SOUTHERN CALIFORNIA EDISON AND PACIFICORP AGREE TO WINTER POWER SALE

 ROSEMEAD, Calif., March 2 /PRNewswire/ -- Southern California Edison has signed a contract to sell firm winter capacity to Oregon- based PacifiCorp for a period of 10 years. The contract is expected to provide savings of $3 million to $6 million per year in electricity costs.
 "By making power available to our neighbors, we can increase use of our existing power plants until we need this power for our own customers, thereby reducing costs and producing benefits for California," said Edison's Chief Executive Officer John E. Bryson.
 Dennis Steinberg, PacifiCorp vice president, Power Systems and Development noted, "The winter-time purchase makes sense for our customers. By utilizing Southern California Edison's available winter capacity to meet PacificCorp's peak load needs, both companies make the most efficient use of their resource base thereby saving money for customers."
 Edison is able to sell excess power to PacifiCorp due to successful energy conservation programs, a surplus of regulated electricity purchases from independent power producers and a slowdown in the California economy. Both utilities will benefit under this arrangement -- PacificCorp will acquire low-cost capacity during its peak season, and Edison will derive revenue during its off-peak season from its otherwise idle generating resources.
 Beginning in 1993, Edison will sell PacifiCorp 222-megawatts of capacity from Oct. 15 through March 15 continuing throughout the term of the agreement. There are also provisions to increase the capacity to 422-megawatts in the future.
 The agreement is subject to approval by the Federal Energy Regulatory Commission.
 -0- 3/2/93
 /CONTACT: Cathy Sedlik of Southern California Edison, 818-302-2255/


CO: Southern California Edison; PacifiCorp ST: California IN: UTI SU:

KJ -- LA019 -- 1956 03/02/93 12:32 EST
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Publication:PR Newswire
Date:Mar 2, 1993
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