Such subsidiaries can also be used to buy electricity and natural gas from other sources to save money.
Just five months ago, homeowners in California and elsewhere were shocked by the soaring price of electricity and natural gas.
Similarly, growing attention is being paid to the role played by financial trading tied to the price of electricity and natural gas.
His current thrust - going after larger customers to supply electricity and natural gas in big quantities - is more familiar ground for Enron.
The yearly savings will depend on the actual cost of electricity and natural gas, which can both vary widely.
The electricity and natural gas sold will be a revenue.
Edison's primary activities are production and distribution of electricity and natural gas.
The decision by New Power, which sells electricity and natural gas directly to consumers and small businesses, was made without a review.
The California energy crisis finally eased last summer, as prices for electricity and natural gas dropped.
The Agency will also supervise the internal markets in electricity and natural gas, thus contributing to all the efforts made to enhance energy security.