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 court filings blame the utility for the fire despite the fact that the blaze's cause is still under investigation.
In a statement a day after the Eaton Fire began, Southern California Edison noted that through the program, power is shut off during dangerous weather conditions, specifically to prevent ...
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 ...
In the recent fourth quarter letter to shareholders, Dan Loeb's hedge fund, Third Point, shared an update on its holding of ...
The Associated Press on MSN8d
California Utility Reports Fault on Power Line Miles Away From Origin of Deadly Eaton FireSouthern California Edison has reported a Jan. 7 fault on a power line that was connected miles away from the lines located ...
ALTADENA, CALIFORNIA / ACCESS Newswire / January 23, 2025 / On January 20, 2025, a real estate agent from Altadena, California filed a lawsuit (Case No. 25STCV01553, filed in Los Angeles County ...
Edison says current increase "remained within the design limits and operating criteria" for the circuits and "did not trigger ...
1don MSN
"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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