EIX-Owned Southern California Edison Reports on Eaton Fire Incident Near Altadena; Shares Fall
Shares of Edison International's ( EIX, Financials) subsidiary, Southern California Edison Company, fell by 1.9% on Monday to $57.74 at 1:14 p.m. GMT-5 following the company's detailed report to the California Public Utilities Commission regarding the Eaton Fire that erupted near Eaton Canyon in Altadena on Jan. 7.
Altadena Residents File Lawsuit Against Southern California Edison Over Devastating Eaton Fire
The lawsuit highlights Southern California Edison's failure to address increasing wildfire risks in Los Angeles County. Since 2016, nearly 300,000 acres have burned in 98 separate fires. As of January 7, 2025, Los Angeles County was experiencing severe drought conditions, leaving vegetationdangerously dry and primed for ignition.
The utility company maintained that the current increase remained within the design limits and did not trigger system ...
Even some attorneys are alarmed by the swarm of law firms pitching their services to vulnerable victims who have lost homes ...
Investigators are still trying to determine what started a fire that raged through Altadena, Calif. A new video appears to show sparking on a power line near the origin of the blaze.
LOS ANGELES – Facing growing scrutiny over whether one of its transmission towers sparked the Eaton fire, Southern ...
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
Over two weeks after destructive wildfires erupted in the Los Angeles area, fire crews have made progress with containment and stopped the growth of the Eaton and Palisades fires. After several ...
Edison says current increase "remained within the design limits and operating criteria" for the circuits and "did not trigger ...
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"I know that if it weren't for Edgar, many more people would have died that night," Rep. Judy Chu said as she presented McGregor with an official Certificate of Congressional Recognition.
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