Southern California Edison is investigating whether an idle power line sparked the deadly Eaton fire in Los Angeles, a rare occurrence that could have major liability implications for the utility, The Wall Street Journal’s Katherine Blunt reports. SCE is reviewing its safety practices for inspecting and maintaining its 465 miles of idle transmission lines after the Eaton fire. California regulators are considering the issue of idle transmission lines after the Eaton fire, which could have implications for other utilities in the state.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EIX:
- Edison says SCE starting next phase of investigation into Eaton fire origin
- Edison International price target lowered to $66 from $75 at Mizuho
- Edison International price target lowered to $65 from $67 at Barclays
- Edison International: Strong 2025 Guidance and Value Opportunity Amid Wildfire Challenges
- Edison International Faces Ongoing Financial Challenges Due to Wildfire Claims and Insurance Costs
Questions or Comments about the article? Write to editor@tipranks.com