When utilities are seen by credit agencies as riskier, borrowing money becomes more expensive.
Governor Newsom today signed legislation to make law his successful emergency actions that have fast-tracked and simplified ...
SACRAMENTO, Calif. — The bookends of California Gov. Gavin Newsom's nearly eight years in office have been defined by a crucial question: Who should cover the cost of damage from wildfires caused by ...
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 ...
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 lawmakers will vote Tuesday on a bill that would increase accountability for utilities that cause wildfires, which ...
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 ...
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 ...
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 ...
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. .
SIMI VALLEY, Calif. (AP) — More than 17,000 people were under evacuation orders in Southern California on Tuesday as a wildfire threatened suburban homes. The wind-driven Sandy Fire was reported ...