AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
California Companies Pinched By Power Crisis They Got Singed Trading Guaranteed Supplies For Lower Prices.(A)(POWER)
SAN DIEGO (AP) - Rockview Dairies Inc. had a sweet deal on electricity, gettingreduced rates in exchange for its agreement to reduce or turn off power use when state supplies fell below a certain limit.
But the milk bottler's deal with Southern California Edison started to sour in the heat of summer as the first wave of power shortages hit.
Rockview Dairies was one of about 1,000 companies that joined the plan. For seven years it saved $50,00
0 annually, as Edison rarely needed cutbacks.
This past year, however, Rockview lost thousands of dollars in productivity as the utility, struggling to meet demand, told the company on more than a dozen occasions to shut down for four hours at a time.
Businesses Pinched
"It's become a real burden to me," said Amos DeGroot, president of the family-owned business in the Los Angeles suburb of Downey.
- Southern California Edison, Toyota Announce 'Triple Crown' Electric Vehicle...
- Press release article from: PR Newswire December 12, 1997 700+ words
...PRNewswire/ -- Southern California Edison (NYSE: EIX), an Edison...to employees of Southern California Edison, as well as to other Edison...International employees; * Southern California Edison providing service and maintenance...
- BluePoint Energy Signs Agreement with Southern California Edison for Demand...
- Press release article from: Business Wire October 18, 2007 700+ words
...agreement (Agreement) for Southern California Edison's (SCE) Time-of-Use Base...50,000-square-mile Southern California Edison service territory. BluePoint will...upon a demand request from Southern California Edison, the BluePoint Central Command Center...
- Coastal subsidiary and Southern California Edison sign letter of intent....
- Press release article from: PR Newswire June 5, 1989 700+ words
COASTAL SUBSIDIARY AND SOUTHERN CALIFORNIA EDISON SIGN LETTER OF INTENT HOUSTON, June...Pipeline Company (WyCal) and Southern California Edison Company (AMEX: SCE) have signed...transportation agreement under which Southern California Edison would transport a minimum of 50 million...
- Southern California Edison and Edison International Declare Quarterly Dividends
- Press release article from: PR Newswire November 20, 1997 700+ words
...20 /PRNewswire/ -- Southern California Edison's board of directors today declared...cumulative preferred stock. Southern California Edison also declared quarterly dividends...the holding company for Southern California Edison, today declared a quarterly common...
- Coastal Pipeline subsidiary signs contract with Southern California Edison....
- Press release article from: PR Newswire January 4, 1990 700+ words
...SUBSIDIARY SIGNS CONTRACT WITH SOUTHERN CALIFORNIA EDISON HOUSTON, Jan. 4 /PRNewswire...Wycal) said today that Southern California Edison Company (AMEX: SCE) has signed...intent signed by Wycal and Southern California Edison last June. Wycal, a subsidiary...
- DUFF & PHELPS CREDIT RATING CO. RATES SOUTHERN CALIFORNIA EDISON COMPANY'S $200...
- Press release article from: PR Newswire June 8, 1995 700+ words
...Credit Rating Co. has rated Southern California Edison Company's $200 million issuance...support DCR's ratings. Southern California Edison's credit protection measures are...generation costs disadvantage Southern California Edison's competitive position, although...
- San Diego Gas & Electric on S&P CreditWatch, Southern California Edison ratings...
- Press release article from: PR Newswire December 1, 1988 700+ words
...amp;P CREDITWATCH, SOUTHERN CALIFORNIA EDISON RATINGS AFFIRMED NEW YORK, Dec...and affirms the ratings of Southern California Edison and its finance unit. San Diego...outstanding. Affirmed are Southern California Edison's AA senior secured debt and preferred...
- Southern California Edison Successfully Implements Caminus for Integrated...
- Press release article from: PR Newswire January 14, 2003 700+ words
...markets, today announced that Southern California Edison, a unit of Edison International...modeling, and analytics. Southern California Edison serves a population of more than...software licensing decision. "Southern California Edison selected Caminus because we were...