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Electricity Prices Went Up for SCE in 2012

If you’re a Southern California Edison customer and you’ve been wondering why you’re seeing higher bills, this article will be of great interest to you. Per the article published in Greentechmedia, the primary reason for SCE’s latest price increases has to do with the San Onofre Nuclear Nuclear Generation Station (SONGS) being taken offline for safety concerns:

“Prices in Southern California have risen in the past year due to the outages at both units of Southern California Edison’s San Onofre Nuclear Generating Station (SONGS).

The outage has lead to higher prices for the southern part of the state compared to the north, which traditionally track pretty closely. But for 2012, Southern California saw prices jump 12 percent higher than Northern California, according to new data from the U.S. Energy Information Administration.

With SONGS offline, Southern California has relied on more natural gas, but also on imports from nearby regions. The cost increases, however, are due not only to bringing in other energy sources or paying for more expensive local ones, but also to transmission constraints.”

 

With electricity prices in Southern California rising and another potential hot summer on tap, there’s never been a better time to go solar.