Dive Brief:
- A strategic review by Edison International has led to the departure of Edison Energy LLC President Allan Schurr, Smart Energy Decisions reports. Edison International owns Southern California Edison, one of the largest utilities in California.
- Edison Energy Group President Ron Litzinger, head of the Edison Energy LLC's parent group, will take over for Schurr until a successor has been named.
- Edison Energy LLC is an unregulated energy advisory arm focused on large commercial and industrial customers. The management shakeup was part of a strategic review announced earlier this year focused on Edison's competitive businesses.
Dive Insight:
Officials at Edison Energy say they remain committed to the business, which provides a range of services to large customers including efficiency, retrofits, offsite renewable procurement, on-site generation and market benchmarking.
According to Edison, it counts about a quarter of the Fortune 50 companies as clients, and remains committed to seeking out "good strategic business opportunities that complement the regulated business at [Southern California Edison]" a spokesman told Smart Energy Decisions.
Chief Regulatory Affairs Officer Ward Camp and Chief Marketing Officer Tom Comstock will also be leaving the company.
Edison Energy describes itself as an "independent advisory and services company with the capabilities to develop and integrate an array of energy solutions across supply and demand for the largest energy users nationwide."
Edison International launched Edison Energy in 2016 to help large customers lower costs in managing their energy portfolio, reduce complexity, and deliver on sustainability objectives. According to the company's announcement last year, Edison believes that while companies are concerned about managing costs and volatility, about 25% do not have an accurate overview of their total energy spend.
"In addition, the study found that only 6% of all companies believe they have captured all the energy opportunities available to them," Edison said.