FOR IMMEDIATE RELEASE Docket #: A.05-04-015

Media Contact: Terrie Prosper, 415.703.1366, news@cpuc.ca.gov

PUC APPROVES DEVERS-PALO VERDE TRANSMISSION LINE; RATEPAYER SAVINGS EXPECTED

SAN FRANCISCO, January 25, 2007 -- The California Public Utilities Commission (PUC) today approved construction of the Devers-Palo Verde No. 2 (DPV2) transmission line project. Construction of the DPV2 project will enable Southern California Edison to provide significant economic benefits to ratepayers, increase the reliability of the interstate transmission network, and increase operational flexibility.

Commissioner Dian M. Grueneich, the Commission's lead on transmission permitting explains, "This is the first of three major transmission line proposals that the Commission will vote on in the next 2 ½ months. The two other proposals are related to Edison's construction of lines in the wind-rich Tehachapi area of California. Those two projects are proposed to enable Edison and other utilities to meet renewable requirements under state law. Together, these three transmission projects will total almost $1 billion and reflect the Commission's and the investor-owned utilities' commitment to rebuilding and reinforcing California's aging infrastructure."

The DPV2 project includes two major transmission lines. The first will be a second 500 kilovolt (kV) line between Southern Arizona near the Palo Verde nuclear generating plant and Edison's existing Devers substation located in North Palm Springs in Riverside County, California. This line essentially parallels the existing DPV1 transmission line and will extend approximately 230 miles. Approximately 102 miles of this line will be located in Arizona with the remainder in California.

To allow the power to reach Edison's load centers, the Commission also authorized Edison to construct the 41.6-mile Devers-Valley No. 2 transmission line, which will be a second 500 kV transmission line between Edison's Devers and Valley substations.

The DPV2 project will increase the import capacity between Southern California and Arizona by 1,200 megawatts, providing greater access to sources of low-cost energy in the Southwest.

The Commission set a cost cap of $545,285,000 in 2005 dollars.

For more information on the PUC, please visit www.cpuc.ca.gov.

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