Edison News

Edison Says Wildfire Fund May Shield Balance Sheet From LA Fire Claims

California’s $21 billion wildfire fund may shield Edison International’s balance sheet if equipment owned by the company’s electric utility is found to have caused a deadly Los Angeles fire last month, Edison’s CEO said on Thursday. Southern California Edison, one …

Utilities’ Extreme Plan to Stop Wildfires: Shut Off the Power

A growing number of utilities are resorting to an extreme measure to prevent their equipment from sparking catastrophic wildfires: turning off the power. Electric companies serving about 24 million homes and businesses across the fire-prone US West now have plans …

California Wildfire ‘Bailout’ for PG&E, Edison Clears Hurdle

Utility giants PG&E Corp. and Edison International are one step closer to getting California’s help in covering the costs of increasingly catastrophic wildfires that their equipment keeps igniting. The state Senate passed a bill late Monday that would create a …

Edison Trying to Shift Blame for California Mudslides

Edison International said much of the damage from the mudslides that swept through the coastal town of Montecito last year was the result of poorly designed and maintained debris basins for which local governments are responsible. The parent company and …