Southern California Edison’s second-quarter earnings edged up...
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Southern California Edison’s second-quarter earnings edged up by 2.3%, but income for the first half of the year remained flat. The Rosemead-based utility said this year’s results include a $36-million provision pending a ruling by the state Public Utilities Commission that might decrease the company’s rate of return on equity to 14.6% this year and 13.6% next year. Currently, Edison is allowed a 16% rate of return.
For detailed data and results of other companies, please see accompanying tables.
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