Keeping Bills Manageable
Southern California Edison continually seeks innovative ways to get more work done at less cost to our customers. As a company, we are committed to getting the most value and productivity out of each dollar used to operate our business. That’s our promise to the residents, businesses and communities who depend on us 24/7 to safely deliver reliable, affordable and clean energy.
Saving Customers Money
- SCE has issued bonds to finance some of the costs of its wildfire mitigation efforts; this saves customers $1.05 billion over the life of the transactions.
- Wildfire insurance is expensive, and SCE is moving to a self-insurance model for wildfire liability risk to reduce excessive costs; this is expected to save customers about $160 million annually.
- In the CPUC’s current fixed-charge proceeding, the most recent proposal from SCE and other California utilities would lower energy costs for all residential customers by 26%; it would also reduce the average electric bill for customers enrolled in income-qualified programs like CARE and FERA by up to 18%.
Options for Managing Energy Bills
Find the rate plan option that’s best for your home or business. Customers enrolled in Time-of-Use plans get rewarded with lower rates when they shift energy use away from peak hours.
Options include payment extensions and monthly installment plans for past-due balances. Income-qualified customers can apply for one-time grants, monthly bill discounts, debt forgiveness and new energy-efficient appliances at low or no cost.
Energy-saving programs such as the Smart Energy Program, Power Saver Rewards and Summer Discount Program reward customers with bill credits for reducing electricity usage when the demand for energy is high.
Where Your Money Goes
The California Public Utilities Commission must approve all rates charged by investor-owned utilities like SCE after a thorough review. Rates are set through a transparent process of proceedings with the commission and include public input and participation.
Lower Household Energy Costs
Widespread electrification will provide environmental and financial benefits for customers, including lower annual household energy costs.
Total Household Energy Expenses
State Regulators, Utilities & the Public Working Together
Rates are set through a transparent process of proceedings with the California Public Utilities Commission, the body that regulates SCE and other investor-owned electric utilities in the state. It includes public input and participation, and all investor-owned utilities use this same process.
To keep rates affordable and fair, we constantly balance the need to modernize our infrastructure to support reliability with the need to meet state policy requirements regarding such issues as renewable energy. We do that by working with local, state and federal officials on an ongoing basis, and by keeping you informed throughout.
A proposed fixed charge on electric bills would lower the cost of electric use for all residential customers. It’s a new way of structuring electric bills, not an added fee above and beyond current charges for energy use.