Here’s a Jolt
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The price of electricity varies wildly in the West, and Southern Californians have been on the short end of the kilowatt. One expected entry in the power market here, Oregon-based PacifiCorp, illustrates the benefits of deregulation--and the challenge facing the Los Angeles Department of Water and Power and Southern California Edison.
As the accompanying chart illustrates, DWP’s industrial power rates are 42% higher than Edison’s and 155% more than those of PacifiCorp.
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Average 1995 Retail Electricity Rates
(cents per kilowatt-hour)
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DWP Edison PacifiCorp Residential: 9.68 12.60 6.10 Commercial: 8.79 10.77 5.42 Industrial: 8.79 6.20 3.44
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Source: Fitch Investors Service
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