Southern California Edison fined $30 million, ordered to refund $81 million to customer... - 0 views
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Energy Net on 23 Sep 08California utility regulators conclude that a seven-year fraud by the company caused substantial harm to customers and could have diminished worker safety. The state Public Utilities Commission on Thursday levied a $30-million fine -- its largest ever -- against Southern California Edison and ordered the utility to refund more than $81 million to customers, concluding that a seven-year fraud caused substantial harm to consumers and could have diminished worker safety. Although the fine is a record for the PUC, it is $10 million less than what was ordered in late 2007 by a commission judge. The decision also substantially reduced the judge's refund order, cutting Edison's total price tag from the fraud to $146 million from $200 million.