City Plans to Become an Electricity Provider
Edison will soon have a new competitor for electricity in Sierra Madre: City Hall.
When private utility markets open to competitors next year, Sierra Madre will be getting into the utility business. The city has registered as an electrical service provider under state deregulation.
City officials hope to be able to turn a profit so they can place all local utility lines underground.
City Manager John Davidson said the city is seeking to buy electricity for less than the Edison rate--which will be dropping 10% in 1998--and then resell it to residents and small businesses for about the same amount they pay now, or less.
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