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consoliddated edison 2000_annual
This document provides the 2000 annual report for Southern California Edison Company (SCE). SCE is one of the largest electric utilities in the US, serving over 4.3 million customers in central and Southern California. In 2000, SCE recorded a net loss of $2.0 billion due to a $2.5 billion write-off of regulatory assets as it was determined they were not probable of recovery given decisions by the California Public Utilities Commission. The report discusses the energy crisis in California, SCE's memorandum of understanding with the California Department of Water Resources aimed at resolving issues, and SCE's financial results.
