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Wednesday, April 7, 2010 as of 11:14 AM ET

Edison International

Edison International () is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and un-regulated non-utility assets Edison Mission Energy and Midwest Generation, power producers, and Edison Capital.

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California Expands Rooftop Solar-Power Program

California regulators approved a plan Thursday to expand a subsidy for rooftop solar power generated by homeowners and businesses, handing a victory to the solar industry.

The plan, adopted by the California Public Utilities Commission, allows more homeowners and businesses that install their own solar-power systems to sell unused power to their utility. The program requires utilities to buy the power.The program, called "net energy metering" and first adopted in the mid-1990s, has attracted more than $1 billion of investment from banks such as U.S. Bancorp (USB) and large companies such as Google Inc. (GOOG). The program has spurred greater development of California's rooftop solar-panel market, but developers became increasingly anxious about hitting a hard cap that was established to limit the cost of the program.Solar firms and clean-energy proponents have pressed CPUC to increase the cap and allow more homeowners and businesses to join the program. Utilities, however, have opposed ...

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  1. Federal Inspectors Probe Problems At California Nuclear Power Plant

    A special team of federal inspectors is investigating problems that led to the shutdown of Edison International's (EIX) California nuclear power plant, the Nuclear R...

  2. Edison To Start Shutting Down Coal Plants

    Edison International (EIX) plans to shut down at least two aging coal-fired power plants in what could be a growing wave of retirements as low natural-gas and electr...

  3. Midwest Generation, GenOn Energy Announce Power Plant Closings -WP

    DOW JONES NEWSWIRESMidwest Generation LLC, an indirect unit of Edison International (EIX), plans to close two coal-fired power plants in Chicago, the Washington Post...

  4. Edison International Swings To 4Q Loss On Plant Writedowns

    DOW JONES NEWSWIRESEdison International (EIX) swung to a fourth-quarter loss as the utility posted several large writedowns in its Edison Mission Group, though its S...

  5. Edison International Swings To Loss On Charges

    Edison International reported late Wednesday a fourth-quarter loss of $839 million, or $2.57 a share, reversing a year-ago profit of $166 million, or 51 cents a shar...

  6. California Lawmaker Accuses PG&E Of Trying To Profit From San Bruno Explosion

    A California lawmaker on Wednesday accused PG&E Corp. (PCG) of attempting to profit from the fatal pipeline explosion in San Bruno and pressed regulators to require ...

  7. California's San Onofre Nuclear Plant Unit Shut Down On Possible Leak -Company

    DOW JONES NEWSWIRESSouthern California Edison, operator of the San Onofre Nuclear Generating Station, said in a press release Tuesday it has begun a precautionary sh...

  8. High Winds Knock Out Power in California

    Almost 300,000 homes and businesses in the Los Angeles area had no power on Thursday morning as high winds continued to blow across the region, local utilities said....

  9. Federal Regulators Investigate San Diego Power Outage

    --Federal, state regulators are investigating cause of massive southern California power outage--Grid instability caused the San Onofre nuclear power plant to automa...

  10. Obama Nominates Bryson Commerce Secretary

    President Barack Obama will nominate former Edison International chief executive John Bryson Tuesday to be the next Commerce secretary, filling an important trade jo...

  11. Cap and Trade's Impact on Utilities

    Edison International Chairman Ted Craver on how power companies' bottom lines will be affected by cap-and-trade legislation.

  12. Cap and Trade's Effect on the Energy Sector

    Our experts break down how a carbon tax will change the energy sector.

  1. Woodside Targets Cyprus In Gas Joint Venture

    ADELAIDE, Australia -(Dow Jones)- Woodside Petroleum Ltd. (WPL.AU) has joined a consortium to bid for natural gas exploration blocks offshore the Mediterranean islan...

  2. Edison International 1Q Net Down On Loss At Wholesale Power Unit

    Edison International's (EIX) first-quarter earnings slid as losses mounted at the company's troubled wholesale-power business, where executives are working to restru...

  3. Edison International 1Q Net Down 47% On Edison Mission Loss

    Edison International's (EIX) first-quarter earnings slid 47% as the utility recorded wider losses at its Edison Mission Group and as a delay in a rate-case decision ...

  4. RWE Discovers 4-13 Billion Cubic Meters Of Gas In Norwegian Sea

    German utility RWA AG (RWE.XE) said Tuesday it has discovered an estimated 4 billion to 13 billion cubic metres of gas in the Norwegian Sea.MAIN FACTS:-RWE unit RWE ...

  5. Fire At Troubled California Nuclear Plant Extinguished

    Edison International'S (EIX) southern California utility said Friday that a fire at the San Onofre nuclear power plant, which has been shut for months over equipment...

  6. BrightSource's Withdrawn IPO Seen As Setback Within Industry

    BrightSource Energy Inc.'s decision to cancel its planned initial public offering may have been the right move for the solar-power company, but it was a disappointme...

  7. Utilities Sector Wrap

    The Utilities sector (XLU) held steady during a trading day that saw the S&P 500 grow 0.8%.The ETF has moved up across its 200-day moving average of $34.29 today.Cle...

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