Edison International (EIX)

Edison International, through its subsidiaries, engages in the supply of electric energy in central, coastal, and southern California. As of December 31, 2008, the company served approximately 432 cities and communities, and a population of approximately 13 million people. It also involves in the development, acquisition, ownership, leasing, operation, and sale of energy and capacity from independent power production facilities, as well as conducts hedging and energy trading activities in power markets. In addition, the company invests in energy and infrastructure projects, including power generation, electric transmission and distribution, transportation, and telecommunications, as well as in housing projects in the United States. Edison International offers its services to commercial, residential, agricultural, and industrial customers, as well as public authorities. The company was founded in 1886 and is based in Rosemead, California.

For the nine months ended 30 September 2006, Edison International's revenues increased 8% to $9.56B. Net income from continuing operations before accounting change and applicable to Common decreased 1% to $817M. Revenues reflect increased sales from the electric utility and nonutility power generation segments. Net income was offset by higher fuel costs, an increase in purchased power expenses and higher other operation & maintenance costs.