• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 17 hours How Far Have We Really Gotten With Alternative Energy
  • 4 days Can Solar Panels Regenerate Prairies?
  • 4 days Canada’s Carbon Capture Ambitions Have Hit A Roadblock
California's Lawsuit Against Oil Giants: Righteous Or Ridiculous?

California's Lawsuit Against Oil Giants: Righteous Or Ridiculous?

California's lawsuit against major oil…

Air Fares Poised To Skyrocket As EU Adopts Green Fuels For Aviation

Air Fares Poised To Skyrocket As EU Adopts Green Fuels For Aviation

On Wednesday, EU lawmakers approved new…

Edison Seeks To Recoup The $2.4 Billion It Spent On California Wildfire Lawsuits

Southern California Edison has asked the state utility regulator to allow it to recover the $2.4 billion it spent on lawsuits over a 2017 wildfire from customers through higher rates over the next three decades.   

Southern California Edison filed with the California Public Utilities Commission on Tuesday the request to be able to recover $2.4 billion it had spent on lawsuits and $65 million on reconstruction costs from its customers, Bloomberg reported on Wednesday.  

The higher rates would be spread over a period of 30 years, according to Southern California Edison’s request with the regulator.

The utility’s average customer would have to pay an additional $1.50 a month if the regulators approve the request, Edison’s senior vice president of corporate affairs, Caroline Choi, told Bloomberg.

Southern California Edison has spent a lot of money on lawsuits following the 2017 wildfire and subsequent mudslides that killed two dozen people overall.

The so-called Thomas fire in Ventura County in December 2017 was ignited by power lines owned by Southern California Edison, according to a 2019 report by the Ventura County Fire Department. The fire, which was started by power lines coming into contact during high winds, burned a total of 281,893 acres, destroyed 1,063 structures, and resulted in one civilian and one firefighter fatality. In total, the Thomas Fire burned for nearly 40 days, threatening the cities of Santa Paula, Ventura, Ojai and Fillmore, as well as many unincorporated communities, before moving into Santa Barbara County. It was declared 100% controlled on January 12, 2018.

That same month, rains triggered mudslides and thousands sued Southern California Edison for the wildfire and claimed the Thomas Fire also had stripped hillsides of vegetation which caused the mudslides.

Requesting to recover the costs for the lawsuits, Southern California Edison said in its Tuesday filing that it had properly maintained and operated its power lines and systems. The fire and mudslides were impacted by a number of factors outside Edison’s control, the company said.


By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News