California Utility SCE Lays Out Five-Year, $23.4 Billion Capital Program

SUGAR LAND--October 20, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Southern California Edison (SCE) (Rosemead, California), the electric utility unit of Edison International (NYSE:EIX) (Rosemead, California), unveiled its proposed five-year, $23.4 billion capital program in a business update presentation to investors last month. The utility's proposed 2016-2020 capital budget represents a $4.2 billion increase over the utility's capital spending for the 2011-2015 period, which totaled $19.2 billion.

Within this article: Details on SCE's plans for 2016-2020, including projected spending, high-value projects and issues with customers.