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The utility expects the fund's payments to be reimbursed by California's public wildfire insurance program, which Gov. Gavin ...
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KFI AM 640 on MSNUtilities' Lobbying Blamed for Keeping Old Power LinesCalifornia's Public Utilities Commission proposed removing abandoned power lines in 2001 to prevent wildfires, but utilities like Edison lobbied to weaken the rule. A line inactive since 1971 is ...
Regulators wanted Southern California Edison and other utilities to remove abandoned power lines --such as the one suspected ...
Electricity ratepayers would contribute half the money through a monthly fee. The other half would come Edison, PG&E and ...
Edison International reported a fall in second-quarter profit on Thursday, as the utility grappled with higher operating expenses while facing investigations related to the Los Angeles wildfires ...
Gov. Newsom proposes that electric customers and utility shareholders pay another $18 billion to shore up a $21 billion state ...
Edison International (NYSE:EIX), through its utility arm Southern California Edison (SCE), is prioritizing wildfire ...
Newsom’s proposal is emerging as a potential lifeline for the utilities amid uncertainty over liability linked to the Los Angeles fires.
Mercury General sold its subrogation rights on the Palisades Fire last month to an unnamed third party for a guaranteed ...
Edison International (NYSE: EIX) is among the 13 Best Electrical Infrastructure Stocks to Invest In. A Wildfire Recovery ...
The creation of the program suggests the utility may acknowledge what several lawsuits claim: that its equipment sparked the conflagration in Altadena.
A program will compensate victims of January’s devastating Eaton Fire near Los Angeles, while the cause still remains under ...
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