Southern California Edison

Volta Expands PredictEV® Capabilities That Support the Federal Government’s Justice40 Initiative and Enhance Community Charging Grant Applications

Retrieved on: 
Tuesday, March 28, 2023

The new feature further ensures infrastructure funds are efficiently and effectively spent as governments develop competitive applications for the Charging and Fueling Infrastructure Discretionary Grant Program that uphold the federal government's Justice40 goal .

Key Points: 
  • The new feature further ensures infrastructure funds are efficiently and effectively spent as governments develop competitive applications for the Charging and Fueling Infrastructure Discretionary Grant Program that uphold the federal government's Justice40 goal .
  • View the full release here: https://www.businesswire.com/news/home/20230328005268/en/
    Volta Expands PredictEV® Capabilities That Support the Federal Government's Justice40 Initiative and Enhance Community Charging Grant Applications (Photo: Business Wire)
    PredictEV is an advanced infrastructure planning solution that analyzes disparate data sources, including local mobility, demographic, commercial, and site-specific data, to precisely answer questions about expected EV adoption, optimal charger locations, and the right mix of charging infrastructure.
  • Electric utilities, including Southern Company , Southern California Edison , and Tucson Electric Power , also use the planning tool to forecast EV charging demands on the grid.
  • We look forward to continuing our work with governments as they design future-forward eMobility infrastructure plans that maximize taxpayers' dollars and provide vital infrastructure to disadvantaged communities.”

Southern California Edison Improves Grid Safety, Significantly Reduces Wildfire Threat

Retrieved on: 
Monday, March 27, 2023

Southern California Edison today submitted its 2023-25 Wildfire Mitigation Plan to California’s Office of Energy Infrastructure Safety.

Key Points: 
  • Southern California Edison today submitted its 2023-25 Wildfire Mitigation Plan to California’s Office of Energy Infrastructure Safety.
  • This is a significant improvement within a short period and the company’s long-term public safety goals continue to be ambitious.
  • “My city has been identified by the State of California as being in a high fire risk area.
  • As such, I appreciate Southern California Edison’s annual wildfire plan and its collaborative efforts toward reducing the threat of wildfires in our community,” said City of Thousand Oaks Councilman Robert Engler.

Wood Mackenzie Recognizes Stem as Largest Storage Virtual Power Plant Operator in North America

Retrieved on: 
Tuesday, March 21, 2023

Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that it has been recognized as the largest energy storage virtual power plant (VPP) operator in North America by Wood Mackenzie, the leading provider of intelligence for the world’s natural resources sector.

Key Points: 
  • Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that it has been recognized as the largest energy storage virtual power plant (VPP) operator in North America by Wood Mackenzie, the leading provider of intelligence for the world’s natural resources sector.
  • Wood Mackenzie’s Virtual Power Plant Market report points to Stem’s 2.5 gigawatt hours (GWh) of contracted storage assets under management across 14 different VPPs as the most among VPP operators.
  • “Stem is a VPP leader in California, the most active VPP market where incentive programs and opportunities are robust,” said Ben Hertz-Shargel, Global Head of Grid Edge at Wood Mackenzie.
  • Wood Mackenzie’s Virtual Power Plant Market report analyzes the state of the VPP market today in the US and Canada, based on a database of over 500 VPP projects.

AEP NAMES STURGESS SVP, CONTROLLER AND CHIEF ACCOUNTING OFFICER

Retrieved on: 
Monday, March 13, 2023

COLUMBUS, Ohio, March 13, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Kate Sturgess senior vice president, controller and chief accounting officer effective May 9.

Key Points: 
  • COLUMBUS, Ohio, March 13, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Kate Sturgess senior vice president, controller and chief accounting officer effective May 9.
  • In this role, she will be responsible for all aspects of accounting, financial reporting and regulatory accounting services.
  • Sturgess will report to Ann Kelly, executive vice president and chief financial officer.
  • She will succeed Joseph Buonaiuto, senior vice president, controller and chief accounting officer, who will retire July 1 after more than 21 years with the company.

Edison International, Southern California Edison Declare Dividends

Retrieved on: 
Thursday, February 23, 2023

The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.7375 per share, to be paid on April 30, 2023, to shareholders of record on March 31, 2023.

Key Points: 
  • The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.7375 per share, to be paid on April 30, 2023, to shareholders of record on March 31, 2023.
  • The Edison International board of directors also declared the following dividends, payable on March 15, 2023, to shareholders of record on March 1, 2023:
    A semiannual dividend of $26.875 per share on the 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A
    A semiannual dividend of $25.00 per share on the 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B
    Additionally, the board of directors of Southern California Edison today declared the following dividends:
    A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust II’s 5.10% Trust Preference Securities
    A quarterly dividend on the Series H preference stock, which would result in a distribution of $0.359375 per security on SCE Trust III’s 5.75% Trust Preference Securities
    A quarterly dividend on the Series J preference stock, which would result in a distribution of $0.3359375 per security on SCE Trust IV’s 5.375% Trust Preference Securities
    A quarterly dividend on the Series K preference stock, which would result in a distribution of $0.340625 per security on SCE Trust V’s 5.45% Trust Preference Securities
    A quarterly dividend on the Series L preference stock, which would result in a distribution of $0.3125 per security on SCE Trust VI’s 5.00% Trust Preference Securities
    Each of these dividends is to be paid on March 15, 2023, to holders of record on March 14, 2023.
  • The SCE board also declared a quarterly dividend on the Series E preference stock of $22.2812 per share to be paid on May 1, 2023, to holders of record on April 5, 2023.

Sitetracker Finishes 2022 With Record Increase in Customers, New Product Innovation, Talent Acquisition, and Geographic Expansion

Retrieved on: 
Tuesday, February 21, 2023

MONTCLAIR, N.J., Feb. 21, 2023 /PRNewswire/ -- Sitetracker, the leading deployment operations management software for critical infrastructure providers, finished 2022 with nearly 50% year-over-year revenue growth due to an almost 50% increase in new customers and expanded agreements with more than 65% of its existing customer base. Additionally, the company launched several new offerings specific to the dynamic telecom and energy markets, completed a new round of equity and debt financing totaling $96M, and strengthened its team by adding seasoned industry talent with decades of combined telecom and energy expertise.

Key Points: 
  • Sitetracker's expanded team, which now totals over 350 employees, is now poised for further growth around the globe.
  • In addition to product innovation, in 2022 Sitetracker entered into a variety of strategic partnerships that will help the company solidify its status as the preferred deployment operations management software provider among key industries.
  • Power Solutions, Energia Real, E.ON Drive, Iberdrola, Connected Kerb, Southern California Edison, Ziply Fiber, KCI Technologies, Bridgepoint Communications, and Brightspeed.
  • "By leveraging the major round of financing we secured in 2022, we can look forward to continued product innovation, particularly in global language capabilities, and further international expansion," continued Incitti.

Volta Powers the City of Irving’s Community EV Charging Infrastructure Plan Using PredictEV® Services

Retrieved on: 
Wednesday, February 15, 2023

Volta Inc. (NYSE: VLTA) (“Volta”), an industry-leading electric vehicle (EV) charging and media company, today announced it will utilize its proprietary infrastructure planning service, PredictEV® , to conduct a robust EV charging needs assessment with the City of Irving, Texas.

Key Points: 
  • Volta Inc. (NYSE: VLTA) (“Volta”), an industry-leading electric vehicle (EV) charging and media company, today announced it will utilize its proprietary infrastructure planning service, PredictEV® , to conduct a robust EV charging needs assessment with the City of Irving, Texas.
  • View the full release here: https://www.businesswire.com/news/home/20230215005100/en/
    Volta Powers the City of Irving's Community EV Charging Infrastructure Plan Using PredictEV® Services (Photo: Business Wire)
    PredictEV will provide data-driven insight into Irving’s optimal charging infrastructure strategy based on current and future EV driver needs, including within disadvantaged communities.
  • This plan positions Irving to apply for possible federal and state grants in the future, including the Discretionary Grant Program for Charging and Fueling Infrastructure, which allocates $1.25B to community charging under the Bipartisan Infrastructure Law (BIL).
  • “Local governments are finalizing their strategies for deploying the upcoming wave of community charging grant funding under the Discretionary Grant Program for Charging and Fueling Infrastructure.

SCE Customers Getting Bill Relief in Coming Weeks

Retrieved on: 
Wednesday, February 8, 2023

SCE’s 5 million-plus residential and small business customers will receive the first of two California Climate Credits on their SCE bill a month early, in their March billing cycle.

Key Points: 
  • SCE’s 5 million-plus residential and small business customers will receive the first of two California Climate Credits on their SCE bill a month early, in their March billing cycle.
  • Each of this year’s credits for eligible SCE customers is $71, totaling $142 in rebates.
  • SCE is issuing $111 million in bill credits to the program participants, who will be notified via U.S. mail and email.
  • These bill credits are the latest in a series of SCE efforts to help customers with their energy bills; in January, SCE issued $218 million in bill credits to nearly 348,000 customers who qualified for the California Arrearage Payment Program.

Bidgely Launches Turnkey Electric Vehicle Active Managed Charging for Utilities and Energy Retailers Worldwide

Retrieved on: 
Tuesday, February 7, 2023

Bidgely today introduced electric vehicle (EV) Active Managed Charging to its award-winning UtilityAI™ EV Solution at DistribuTECH , the world’s premier event that connects utilities to future-ready solutions.

Key Points: 
  • Bidgely today introduced electric vehicle (EV) Active Managed Charging to its award-winning UtilityAI™ EV Solution at DistribuTECH , the world’s premier event that connects utilities to future-ready solutions.
  • New Active Managed Charging (also known as direct load control) is now part of Bidgely’s end-to-end EV Solution that also includes: EV Detection and Targeting, EV Passive Managed Charging (behavioral load shift) and EV Grid Analytics.
  • Active Managed Charging can be launched in just weeks without data integration as a turn-key standalone application.
  • View the full release here: https://www.businesswire.com/news/home/20230207005308/en/
    EV Active Managed Charging launched today from Bidgely, the latest addition to Bidgely's award-winning UtilityAI™ EV Solution, that can offer over 300 percent ROI for load shifting.

Bidgely Brings Climate Tech Expertise for Empowering Smart Energy Decisions to DistribuTECH 2023

Retrieved on: 
Tuesday, January 24, 2023

Bidgely will take the stage February 7 - 9 during the annual DistribuTECH International conference in San Diego, Calif., alongside fellow industry partners and thought leaders to explore the complexities and opportunities of transforming today's energy grid.

Key Points: 
  • Bidgely will take the stage February 7 - 9 during the annual DistribuTECH International conference in San Diego, Calif., alongside fellow industry partners and thought leaders to explore the complexities and opportunities of transforming today's energy grid.
  • View the full release here: https://www.businesswire.com/news/home/20230124005280/en/
    Bidgely joins Duke Energy, Ameren, Southern California Edison, the Department of Energy and more in a series of live sessions and demonstrations at DistribuTECH 2023.
  • (Graphic: Business Wire)
    Bidgely will also participate in the Smart Energy Consumer Collaborative’s 2023 Consumer Symposium , held in conjunction with DistribuTECH, during the session Destination Electrification on Monday, February 6 at 3:45 pm PT.
  • To schedule a meeting with Bidgely at DistribuTECH 2023, visit bidgely.com/events/dtech .