Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
An announcement from Edison International (EIX) is now available.
In August 2023, SCE sought to recover costs from wildfires and mudslides through a filing with the California Public Utilities Commission. They aim to recoup 60% of $2.7 billion in losses, including uninsured claims and legal costs. Pending approval, SCE plans to finance this via securitized bonds and also recover a portion of restoration costs. Additionally, SCE has committed $50 million to wildfire safety improvements as part of a settlement that, if sanctioned, will allow cost exclusion from their regulatory capital structure.
For detailed information about EIX stock, go to TipRanks’ Stock Analysis page.