Utilities
In 2026-Q2, Edison International reported net income of $534M and core earnings of $592M, driven by rate base growth at SCE following its 2025 General Rate Case decision, while continuing to resolve claims related to the 2025 Eaton Fire.
Key risk: Wildfire Liabilities and Eaton Fire Claims
SCE faces substantial legal exposure and financial risk from catastrophic wildfires, including the Eaton Fire. Losses could exceed self-insurance reserves and Wildfire Fund coverage if CPUC prudency standards are not met.
Other Electric Utilities companies