Hot Stocks To Buy For 2015

Hot Stocks To Buy For 2015: Edison International (EIX)

Edison International, incorporated on April 20, 1987, is a holding company of Southern California Edison Company (SCE). SCE is a public utility primarily engaged in the business of supplying electricity to an approximately 50,000 square-mile area of southern California. The SCE service territory contains a population of nearly 14 million people and SCE serves the population through approximately 5 million customer accounts. In August 2013, Edison International completed the acquisition of SoCore Energy, LLC.

SCE's retail operations are subject to regulation by the California Public Utilities Commission (CPUC). SCE has a five tier residential rate structure. SCE supplies electricity to its customers through transmission and distribution networks. Its transmission facilities, which are located primarily in California but also in Nevada and Arizona, deliver power from generating sources to the distribution network and consist of lines ranging from 33 kilovolts t o 500 kilovolts and substations. SCE's distribution system, which takes power from substations to customers, includes over 59,000 circuit miles of overhead lines, 44,000 circuit miles of underground lines and over 700 distribution substations, all of which are located in California. San Onofre, Four Corners, certain of SCE's substations, and portions of its transmission, distribution and communication systems are located on lands owned by the United States or others under licenses, permits, easements or leases, or on public streets or highways pursuant to franchises. Thirty-one of SCE's 36 hydroelectric plants and related reservoirs are located in whole or in part on United States-owned lands and are subject to Federal Energy Regulatory Commission (FERC) licenses.

Advisors' Opinion:

• [By Travis Hoium]

  The utility and power plant owner followed Edison International (NYSE: EIX  ) in making an equity investment in Clean Power Fin! ance, a residential solar finance and service company. Clean Power Finance claims to generate the financing for 40% of the residential leases in the U.S. market as a major player in this emerging market Duke is getting exposure to solar it sorely needs.

• [By Travis Hoium]

  NRG Energy (NYSE: NRG  ) and Edison International (NYSE: EIX  ) are starting to make this transition. NRG has built a solar leasing subsidiary called Residential Solar Solutions, and Edison International subsidiary Southern California Edison was one of the first utilities to embrace solar, with a 250 MW plan for commercial solar in 2008. The parent company, Edison International also recently invested equity in Clean Power Finance itself so it's hoping to profit from the company's growing finance presence.

• [By Richard Stavros]

  According to the Ceres ranking, NV Energy Inc, which was acquired late last year by Warren Buffetts MidAmerican Energy Holdings Co, Xcel Energy Inc (NYSE: XEL), PG&E Corp (NYSE: PCG), Sempra Energy (NYSE: SRE) and Edison International (NYSE: EIX) ranked the highest for renewable energy sales. Renewable resources accounted for roughly 17 percent to 21 percent of their retail electricity sales in 2012.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-stocks-to-buy-for-2015-2.html