Customers are picking up the $1.7. billion tab after utility's s equipment was linked to a Southern California wildfire and flooding seven years ago.
Officials approved the hike for SCE customers to cover $1.6 billion in wildfire costs, which critics argue shifts the burden to consumers.
Southern California Edison ratepayers will cover $1.6 billion in settlement costs to pay victims of the 2017 Thomas Fire, more than half of the $2.4 billion being paid out for the massive wildfire and deadly mudslides that followed weeks later.
California officials voted Thursday to let Southern California Edison to raise electric rates to cover payments it made to victims of the 2017 Thomas wildfire.
Chatsworth, signed onto a letter to the California Public Utilities Commission (CPUC) opposing their vote approving Southern California Edison's (SCE) latest rate hike proposal.
Public utilities can bill directly for hundreds of millions of dollars in shareholder returns despite being in what critics call a lower-risk business.
Customers are picking up the $1.7 billion tab after the utility’s equipment was linked to the wildfire and resulting flooding seven years ago.
Your electricity rates could be going up to help Southern California Edison cover more than $1.6 billion in payments the utility has made to victims of the devastating 2017 Thomas Fire.
Thousands of residents across Los Angeles County continue picking up the pieces and are starting the rebuilding process after losing their homes in the Eaton and Palisades fires.
LOS ANGELES - After three weeks, crews have fully contained the deadly Eaton and Palisades fires. According to Cal Fire, the 14,000-acre fire has reached 100% containment on January 31. The news comes as the fires ended up killing more than a dozen people.
Southern California Edison will be raising rates after a $2.7 billion settlement for its role in the 2017 Thomas Fire.