Edison International

Energy company serving Southern California.

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Headquarters:
2244 Walnut Grove Ave.
Rosemead, CA 91770
Employees: 19,244
CEO: Theodore Craver Jr.
Stock Symbol: EIX

Website: http://www.edison.com

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Edison International is the parent company of Southern California Edison, a regulated utility serving Southern California, and Edison Mission Group, a competitive power generation business.

Southern California Edison (SCE) is one of the nation's largest investor-owned electric utilities, serving more than 14 million people in a 50,000 square-mile area of central, coastal and southern California excluding the City of Los Angeles and certain other cities. This SCE service territory includes more than 180 cities. 

Edison Mission Group is a holding company which acts through numerous subsidiaries to manage the competitive power generation business and other unregulated subsidiaries of Edison International. Headquartered in Irvine, California, EMG subsidiary Edison Mission Energy (EME) is an independent power producer engaged in the business of owning, leasing, operating and selling energy and capacity from electric power generation facilities. EME also conducts price risk management and energy trading activities through Edison Mission Marketing and Trading (EMMT), which is based in Boston.

In 2009, Edison reported revenues of $12.3 billion and net income of $849 million.

History

1886 - Holt and Knupps illuminates Visalia, California, street lights. Earliest predecessor of Southern California Edison Company.   
1887 - California's first hydroelectric plant begins operation at Highgrove.
1894 - Los Angeles Edison Electric Company is created, owns franchises to Edison patent rights and "Edison" name.      
1897 - West Side Lighting Company, with its Los Angeles power system franchise, combines with the Los Angeles Edison Electric Company to form The Edison Electric Company of Los Angeles.
1899 - Edison's Santa Ana River No. 1 hydroelectric plant begins operation, transmitting power to Los Angeles over the world's longest power line (83 miles).   
1905 - The company president introduces the motto, "Good Service, Square Dealing, Courteous Treatment."
1907 - Edison's Kern River-Los Angeles Transmission Line begins operation. At 118 miles and 75 kV, it is the world's longest and highest voltage power line, and the first line in the nation to be entirely supported by steel towers.   
1909 - The company changes its name to Southern California Edison Company (SCE).

1963 - California Electric Power Company, serving 450,000 customers over a 41,500-square-mile area, merges with SCE.

1988 - The company forms a parent holding company for the electric utility subsidiary, SCE, and the non-utility subsidiaries.

1996 - The holding company name changes to Edison International to symbolize the broader scope of its business in a changing marketplace.

2006 - The company completed a new 1,054 MW power plant in Redlands, CA. This was the first new power generating station in the LA basin in the past 30 years.

Benefits

- Medical
- Dental
- Vision
- 401(k) With a Company Match
- Vacation
- Holidays
- Disability Benefits 
- Sick Leave
- Behavioral Health
- Employee Assistance Program
- Employee Life Insurance
- Dependent Life Insurance
- Work/Life Information & Referral Program
- Accidental Death and Accidental Death & Dismemberment

In addition, depending on the company and employee classification, many Edison International employees enjoy access to:
- Retirement Plan
- Educational Reimbursement  
- Health Care Reimbursement Account
- Dependent Care Reimbursement Account
- Credit Union 
- Commuter Choices Program   
- Business Travel Accident Insurance
- Vacation Buying/Vacation Selling

Updated September 21, 2010