Good Benefits, longstanding corporation, Good community involvement.
Cons
So Cal Edison is undergoing an ill-advised initiative to cut costs by going to a managed services model for IT. Most, if not all, of IT will be eventually outsourced to vendors.
Great benefits, great people, essential services. There are major initiatives going on to strengthen infrastructure. Being a utility, there is more stability in the industry than in more cyclical industries.
Cons
Current "Managed Services" initiative is drastically impacting IT at all levels. The stability of the industry is subject to political opportunism. The governor has done much to hurt the utilities industry, as has a CA senator. Job mobility tends to be limited by cronyism and nepotism.