Glendale Water & Power · Glendale, CA United States
Company Description
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This link will open in a new window As Sgt. Joe Friday would say: "Just the facts, Ma'am." There are 88 cities in Los Angeles County, and Glendale Water & Power serves one of them. Glendale is the third-largest city in the county, with 200,000 people (about 100,000 foreign-born). Glendale has three hospitals, one health center, 30 parks, and six libraries. The utility generates, transmits, and distributes electricity to 88,000 residential, commercial, and industrial customers in Glendale. The city-owned utility also provides water to 32,500 customers. Glendale Water & Power purchases water from as far away as 500 miles. To read the full description, subscribe now.
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Key Glendale Water & Power Financials
| Company Type | Government-owned Branch |
| Fiscal Year-End | June |
Glendale Water & Power Executives
15 executives listed for Glendale Water & Power's Glendale, CA location.
| Title | Name & Bio | Contact |
| GWP Commissioner | Terry Chan | Network |
| General Manager GWP | Glen Steiger | Network |
| Director Finance and Administrative Services | Robert Franz | Network |
Competition
Competitive Landscape for Glendale Water & Power
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Glendale Water & Power Competitors
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