Southern California Edison Offers Nearly $700 Million in Eaton Fire Relief

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Summary · why it matters

Southern California Edison has offered nearly $700 million to community members through its Wildfire Recovery Compensation Program following the Eaton Fire. More than 2,000 offers have been extended to over 4,900 claimants, with over 1,700 claimants paid a total of more than $250 million. The program has received more than 3,800 claims representing nearly 11,100 individuals, trusts, and legal entities. Offers are being delivered in an average of 35 days, and 82% of surveyed participants hold a favorable opinion of the program. The voluntary program remains open through November 30, 2026.

Impact on assets 1

Energy Transition & Power Demand▼
Edison International
EIX
▼ NegativeRegulationrelevance

Edison International subsidiary offers $700M in wildfire compensation, indicating liability and regulatory/legal costs.