When utilities are seen by credit agencies as riskier, borrowing money becomes more expensive.
Two months out from the application window closing on Southern California Edison’s Wildfire Recovery Compensation Program, the utility has announced a series of information events across the San ...
California lawmakers will vote Tuesday on a bill that would increase accountability for utilities that cause wildfires, which ...
Governor Newsom today signed legislation to make law his successful emergency actions that have fast-tracked and simplified ...
Electric utility Southern California Edison is urging California lawmakers ‌to hold a special session before year-end to consider limiting utilities' exposure to future wildfire liabilities, CEO of ...
California’s Democratic leaders are facing a fresh standoff with the state’s biggest utility after PG&E announced it would pull back billions of dollars in planned spending. The move now has put ...
The Legislature’s decision not to shield utilities from wildfire liability caused stock prices for Pacific Gas and Electric and Edison International to tumble by 20% and 23%. Bills that passed ...
Gov. Gavin Newsom said the last-minute compromise he made with lawmakers will have some benefits for wildfire survivors.
The last-minute Senate Bill 492 gets killed at the close of the legislative session. No word on whether it will come back in a special session. .
Sparks from an idle transmission tower owned by Southern California Edison caused the 2025 Eaton fire in the Los Angeles area that killed 19 people and destroyed more than 9,400 homes and businesses, ...
A stretch of extreme heat will settle in this week with above-normal temperatures and an increased risk of wildfires in Southern California. That heightened fire danger and warm weather will continue ...