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CALIFORNIA
CITY-COUNTY STREET LIGHT ASSOCIATION Over the last six months, CAL-SLA has been very successful at the California Public Utilities Commission. In August 2003, Southern California Edison’s electric rates for street lighting declined by $15 million, or 15.6%. This was due to a $1.25 billion revenue decrease. CAL-SLA was able to successfully negotiate a rate reduction. In January 2004, Pacific Gas & Electric has proposed to reduce electric rates due to bankruptcy settlement. For street lighting the rate decrease would be $10 million, or 14.9%, assuming a total revenue reduction of $815 million. We anticipate CPUC approval in February and the new, lower rates are expected go into effect on March 1, 2004. More work by CAL-SLA remains
to be done. CAL-SLA will be actively involved in the general rate cases
for both SCE and PG&E. These two rate cases will set new electric
rates, including those for traffic signals and street ©
California
City-County Street Light Association. |
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