By Kelly Cloonan
Edison International's Southern California division plans to rebuild electrical distribution infrastructure affected by wildfires in January for $860 million to $925 million.
Southern California Edison said Friday the rebuild, focused on areas in Malibu and Altadena, would underground new distribution equipment over 153 circuit miles.
The undergrounding includes nearly all distribution power lines in high fire risk areas within the burn scars of affected communities, the company said. Power lines that are not undergrounded will be hardened with covered conductor.
Some sections of the grid will be completed in a few months, while others will take several years. The scope and timing of the plan depends on permitting, ability to secure funding and other factors.
The company expects the plan to reduce Public Safety Power Shutoffs and enhance service reliability for customers.
The company also acknowledged the possibility SCE's equipment was involved in the cause of the Eaton Fire, and said the investigation is ongoing.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
April 11, 2025 18:06 ET (22:06 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.