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Article: United States : California Approves $3B for Energy Efficiency.

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TendersInfo
Article date:
September 29, 2009
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California regulators last week approved a $3.1 billion budget for energy efficiency programs, marking what they said is the largest commitment ever made by a state to save energy.

The California Public Utilities Commission (CPUC) approved the budget for the years 2010-2012.

The funds will be directed through the states publicly owned utilities. These include Edison International's (NYSE: EIX) Southern California Edison, PG&E Corp's (NYSE: PCG) main unit Pacific Gas and Electric Company, and Sempra Energy's (NYSE: SRE) San Diego Gas & Electric Co and Southern California Gas Company.

The programs are expected to create energy savings of almost ...

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