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Edison International reports developments tied to its role as the parent company of Southern California Edison, a regulated electric utility serving approximately 15 million people through 5 million customer accounts across Central, Coastal and Southern California. Recurring news covers utility operations, financial results, customer affordability, grid resilience, wildfire mitigation and rebuilding efforts.
Company updates also include Southern California Edison wildfire recovery compensation programs, dividends on SCE preference stock and related trust preference securities, board and executive governance changes, and workforce initiatives such as lineworker training scholarships. The news flow centers on the regulated utility business, capital-provider communications, community recovery programs and service-area obligations.
Southern California Edison (NYSE:EIX) reported that, as of July 16, 2026, more than $750 million in relief has been offered to community members through its voluntary Wildfire Recovery Compensation Program for those impacted by the Eaton Fire.
According to the company, nearly 12,000 individuals, trusts and legal entities have participated via more than 3,900 claims. Over 2,100 offers have been extended to more than 5,200 claimants, totaling about $743 million, and more than 2,100 claimants have been paid over $314 million. The program aims to mirror settlement values from similar wildfire lawsuits while providing a faster, streamlined alternative to litigation, with offers typically delivered within 35 days and payments often made within 2–3 weeks. The program remains voluntary, does not waive litigation rights, and is open for claims until Nov. 30, 2026, with multilingual and bulk intake support available.
Edison International (NYSE:EIX) selected 10 recipients for its 2026 Lineworker Scholarship, each eligible for up to $25,000 to pursue careers in the electric utility field. Funded by Edison International shareholders and IBEW Local 47, the program covers LATTC Powerline Worker training, Class A commercial driver’s license education, and related living expenses. Upon completing program, CDL, and pre-employment requirements, recipients become eligible for full-time, entry-level skilled trade roles at Southern California Edison.
Edison International (NYSE:EIX) will hold a conference call to discuss its second quarter 2026 financial results.
The call is scheduled for Thursday, July 30, 2026, from 1:30–2:30 p.m. PT, with live access by phone and webcast and a replay available through August 13, 2026.
Southern California Edison (NYSE:EIX) reported that more than $700 million has been offered to over 5,000 community members impacted by the Eaton Fire through its voluntary Wildfire Recovery Compensation Program.
The program targets lawsuit-like settlement values with faster processing, and remains open through Nov. 30, 2026.
Edison International (NYSE:EIX) declared a quarterly common stock dividend of $0.8775 per share for Q2 2026. The dividend is payable on July 31, 2026 to shareholders of record as of July 7, 2026.
Edison International (NYSE:EIX) subsidiary Southern California Edison reports continued recovery support after the Eaton Fire, with nearly $700 million offered to more than 4,900 claimants and over $250 million paid to 1,700+ claimants. Average offer timing is 35 days, and the voluntary Wildfire Recovery Compensation Program runs through Nov. 30, 2026.
Edison International (NYSE:EIX) subsidiary Southern California Edison will host a community meeting on June 30 in Pasadena to discuss the Wildfire Recovery Compensation Program for Eaton Fire victims.
As of June 11, nearly 3,600 claims led to over $675 million in offers and about $230 million in payments, with 82% of surveyed participants viewing the program favorably.
Edison International (NYSE:EIX) reported ongoing relief for community members impacted by the Eaton Fire through Southern California Edison’s Wildfire Recovery Compensation Program.
As of June 4, more than $650 million has been offered across nearly 1,900 offers, with over $200 million paid to nearly 1,500 claimants.
Southern California Edison (EIX) reported progress on Eaton Fire recovery, with more than 1,200 claimants paid through its Wildfire Recovery Compensation Program. Payments total $175 million to date, and offers of nearly $600 million have been extended to over 4,300 claimants.
The voluntary program, open through Nov. 30, 2026, has received nearly 3,400 claims covering about 10,200 individuals, trusts and entities. According to Southern California Edison, over 70% of offers have been accepted, with timelines targeting offers within 90 days and payments within 30 days.
Edison International (NYSE:EIX), through Southern California Edison, reported a milestone in its Eaton Fire Wildfire Recovery Compensation Program. More than 3,300 claims covering over 10,000 participants have been submitted. Over 1,670 offers to 4,100+ claimants exceed $560 million, with 945 claimants paid nearly $140 million to date.
Over 70% of offers have been accepted. The voluntary program, covering property, business, injury and loss-of-life claims, targets faster, streamlined resolutions versus litigation and is open through November 30, 2026.