Following a decision last month to file for Chapter 9 Bankruptcy with the Federal Bankruptcy Court for the Central District of California, Western Community Energy (WCE) has now filed a Notice of Deregistration with the California PUC, making it the first CCA in the state to collapse.

Con Edison is one of the nation's largest investor-owned energy delivery companies, with approximately USD 12bn in annual revenues and USD 63bn in assets. In January, the utility issued a report detailing how it would incorporate climate change into its planning, design, operations, and emergency response.