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Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

LCG, August 6, 2020—J-Power USA Development Co, a subsidiary of the Electric Power Development Co. headquartered in Tokyo, has joined a joint venture to develop a 400 MW Texas solar project.

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Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

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Industry News

CA Supreme Court Upholds Southern California Edison Rates

LCG, August 21, 2003Bringing Southern California Edison v. Lynch to a close, Californias Supreme Court upheld an agreement between the California Public Utilities Commission (PUC) and utility Southern California Edison.

The Utility Reform Network challenged an arrangement that the PUC and Southern California Edison (SCE) made in 2001 regarding increased electricity rates. The PUC allowed SCE to increase rates to retail customers by as much as 40 percent. Through these increased rates Southern California Edison has been able to recover $3.3 billion of what was lost during the energy crisis when wholesale electricity prices were astronomically high.

The San Francisco-based organization insists that the rate increase was made unlawfully since the parties agreed to the rates in secret.

The court ruled 6-to-1 to uphold the agreement between the PUC and Southern California Edison. Its decision verified that the pact fell within Californias energy laws, including those focused on deregulation and public meetings.

In September of last year the U.S. 9th Circuit Court of Appeals sent the case to the California Supreme Court. The ruling validates the PUCs authority to set rates.

Southern California Edison supplies 4.3 million customers, or about 11 million individuals, in Los Angeles County and surrounding counties.

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