Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
EIX > SEC Filings for EIX > Form 8-K on 25-Sep-2013All Recent SEC Filings

Show all filings for EDISON INTERNATIONAL

Form 8-K for EDISON INTERNATIONAL


25-Sep-2013

Other Events


Item 8.01 Other Events

As discussed in SCE's Form 10-Q for the quarter ended June 30, 2013 (see "Management's Discussion and Analysis of Financial Condition and Results of Operations-Liquidity and Capital Resources-SCE-Regulatory Balancing Accounts"), in August 2012, SCE filed its annual 2013 Energy Resource Recovery Account ("ERRA") forecast and subsequently made other filings relating to the ERRA proceeding. On September 23, 2013, the California Public Utilities Commission ("CPUC") issued a proposed decision that if adopted, would approve a portion of SCE's 2013 ERRA forecast and allow SCE to increase rates by approximately $200 million annually. Under the proposed decision, SCE would not be allowed to currently increase rates to cover its forecasted net San Onofre Nuclear Generating Station ("San Onofre") replacement power costs (the difference between normal San Onofre costs and the San Onofre costs proposed in the 2013 ERRA forecast filing). Rather, such costs are required to be tracked in the San Onofre memorandum account. In addition, SCE must exclude the net San Onofre costs from the ERRA trigger calculation. However, the proposed decision would allow SCE to seek recovery of those costs in the San Onofre Order Instituting Investigation ("San Onofre OII") . The proposed decision makes no determination regarding the accuracy of the methodology used to determine the net San Onofre costs or the reasonableness of the costs. Those determinations will be made in the San Onofre OII. Absent approval of the proposed decision, SCE would continue to undercollect for fuel and power procurement-related costs, which we expect to approximate $970 million by December 31, 2013, and may finance unrecovered power procurement-related costs with commercial paper or otherwise.


  Add EIX to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for EIX - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.