Post on 28-Jan-2016
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SCE TransmissionLine Corridors
Corporate Real Estate Department
Land Operations Manager
Mark Meizner
SCE Transmission Line Corridors
Types of Ownership
• Fee simple ownership
– Purchased from private land holders
• Held in exclusive easement
– Purchased from public and private land holders
– Very restrictive to other uses
• Allowed to exist by virtue of a permit
– Granted by State and Federal Land Owners
SCE Transmission Line Corridors
Easement vs Fee Ownership
• Easements
– Cost 10% to 30% less than fee ownership
– Property owner has minimal rights left
– Less liability and maintenance for SCE
– 3600 miles of R/W in easement
– New projects will add approximately 500 miles of new R/W
SCE Transmission Line Corridors
Easement vs Fee Ownership (cont’d)
• Fee
– Pay full market value
– Incur costs of property tax, liability and maintenance
– Opportunity for additional revenue through compatible secondary land uses
– SCE controls R/W
– 2670 miles of R/W owned in fee simple
SCE Transmission Line Corridors
Regulatory & Fiduciary Oversight
• Assets are placed into rate base
– SCE earns a rate of return
• Assets are also held in a Trust Indenture
– Used as collateral for financing operations
SCE Transmission Line Corridors
Regulatory & Fiduciary Oversight (cont’d)
• CPUC Section 851
– Prohibits utility from selling or devaluing asset without CPUC Approval• Granting of easements on fee property
• Allowing uses prohibited in easements
– Protect system reliability
– Protect rate payer – maintain asset value
– Drives consistent management of land assets
SCE Transmission Line Corridors
Management of Land Assets
• Fee Property
– License for compatible uses to reduce SCE liability and improve community• Parks
• Greenbelts
• Horticulture
• Agriculture
• Parking
• RV Storage
SCE Transmission Line Corridors
Management of Land Assets (cont’d)
• Fee Property (cont’d)
– Perform weed abatement and clean property as necessary
– Clear property from trespass
– Manage water run off
SCE Transmission Line Corridors
Management of Land Assets (cont’d)
• Easements
– Provide written consent to property owner for uses that are not in violation of easement
– Clear encroachments by property owner and other 3rd parties
– Maintain 24 hour access
– Uses that are not allowed• Buildings or permanent structures
• Parallel encroachments such as pipelines & fencing
• Dog parks
• Environmental mitigation
SCE Transmission Line CorridorsAttempt to place unauthorized structure on R/W
SCE Transmission Line Corridors
Ayala Park
Combination of Fee and Easement R/W