Los Angeles Water and Power Company Description
The Los Angeles Department of Water and Power (LADWP) keeps the movie cameras running and the swimming pools full. The largest municipally owned utility in the US, LADWP provides electricity to more than 1.4 million residential and business customers and water to 680,000 customers. The company has power plant interests that give it 7,200 MW of generating capacity; it also buys and sells wholesale power. Most of the city's water supply is transported through two aqueduct systems from the Sierra Nevada Mountains; other water sources include wells and local groundwater basins. Because LADWP is city-owned, its retail monopoly status was unaffected by utility deregulation in California.
View the Comprehensive Company Description for Los Angeles Water and Power
The Company Description provides a historical perspective of Los Angeles Water and Power's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Los Angeles Water and Power's evolution in the marketplace.
