Southern California Edison, Electric Power Station #3 was built in 1902 by John Parkinson and was originally part of the Edison Electric Company. In 1992, the building was registered as Historic Cultural Los Angeles City Landmark #388 and currently serves as the iconic structure of the Brewery Arts Complex as well as a location for film and television. The frequently photographed Paradox Iron facade is a remnant from the 1994 film “Color of Night.”
By 1897, the West Side Lighting Company and Los Angeles Electric Company had merged to form the Edison Electric Company of Los Angeles, which would go on to acquire other local companies and eventually become an international conglomerate.
The most important expansion in Edison's early years occurred in 1917, when the company acquired all of the assets and business of Pacific Light & Power Corporation and a controlling interest in Mount Whitney Power & Electric Company. Pacific was a rapidly growing power company controlled by H.E. Huntington and Los Angeles Railway Company and operating in the same service area as Edison. Mount Whitney was operating in the nearby agricultural area of Tulare County and had no competitors there. These acquisitions left Edison firmly in control of the electricity business in the region. Also in 1917, the city of Los Angeles purchased Edison's distribution system inside the city, and began to buy power wholesale from Edison for its municipal plant.
By adding the facilities formerly belonging to Pacific, Edison more than doubled its generating capacity. Shortly after the acquisition, Edison embarked on a decade-long construction project in the area of Pacific's Big Creek hydroelectric station, transforming it from a plant capable of generating about 63,700 kilowatts of power to a huge system that included 3 reservoirs, 8 concrete dams, and 41 miles of tunnels, and that could generate more than 373,000 kilowatts of power. Through 1928, the area's population was growing so rapidly that Edison had no problem using this greatly increased capacity. Because overall use of electricity was accelerating, especially in industry and agriculture, Edison found no need to seek new business.
Edison's gross revenues grew each year during the 1920s, and as the 1930s began the company continued to do well in spite of a general downturn in industry. By the end of 1930, revenues had reached $41 million, and the balance Edison had achieved between hydroelectric and steam generation helped protect the company against fluctuating earnings due to weather problems or fuel-price hikes. For instance, when low-water conditions hindered hydroelectric generation, emphasis could be shifted to steam. In addition, Edison's steam plants were capable or running on either oil or natural gas, so costs could be minimized by taking advantage of price fluctuations between the two types of fuel. The drop in industrial power use was largely offset by great increases in residential use. More households during this period were beginning to use electric appliances such as washers, refrigerators, space heaters, and water heaters. Agricultural use of electricity also was rising quickly. Pumping plants for irrigation, previously powered by other means, were converted to electricity, and by 1930 these irrigation plants accounted for roughly one-eighth of Edison's total connected load. In 1930 the company changed its name to Southern California Edison Company Ltd. The "Ltd." was dropped in 1947.
Read more: http://www.referenceforbusiness.com/history2/34/Edison-International.html
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