Edison Rate Increase 2025. In july 2023, state regulators approved rate hikes for 2023, 2024, and 2025. Southern california edison has proposed a 45% rate increase over already approved 2024 rates, which would generate another $3.9 billion in revenue for sce.
For edison customers, an increase approved by the california public utilities commission in 2022 hiked rates by 17%, with further increases going into effect jan. Deferral as a regulatory liability of the revenue requirement impact of the.
What Is This Rate Case’s Impact On Customers’ Electricity Bills?
Southern california edison says the earliest customers would see the updated bills is 2025.
State Law Requires The Cpuc To Adopt A New Rate Structure By July 1, 2024.
This request represents a $1.90 billion, or 23 percent, increase in 2025 over its forecasted 2024 base revenue requirements.
Edison Rate Increase 2025 Images References :
Proposed Increases For 2026, 2027 And 2028 Are $619 Million, $664 Million, And $705 Million, Respectively.
State law requires the cpuc to adopt a new rate structure by july 1, 2024.
Effective January 1, 2024, The Rate Components Listed Below Changed As Follows.
Southern california edison (sce) is proposing yet another rate increase for its customers, threatening the financial stability of countless people living in california.