Settlement Reached On San Onofre Nuclear Generating Station Closure

SAN FRANCISCO–The Office of Ratepayer Advocates, the independent consumer advocate within the California Public Utilities Commission, has reached a settlement that stops Southern California Edison Company (SCE) and San Diego Gas & Electric Company (SDG&E) from passing on a substantial portion of the costs associated with the premature closure of the San Onofre Nuclear Generating Station (“SONGS”) to their customers.

The settlement between SCE, SDG&E, ORA and other organizations provides that SCE and SDG&E can no longer recover $775 million in costs from their customers.

“This deal saves SCE and SDG&E customers hundreds of millions of dollars over the next several years,” said Elizabeth Echols, Director of ORA. “ORA and others worked hard to put together a strong case and succeeded.  Now customers won’t end up unfairly paying for many of the costs associated with the SONGS premature failure.”