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.
Edison International (EIX) reported continued growth in Southern California Edison’s Eaton Fire compensation program ahead of the November 30, 2026, deadline. October had the highest monthly claim submissions this year. As of October 30, more than 5,550 claims covered nearly 17,000 individuals, trusts and legal entities; 41% were submitted by attorneys or authorized representatives.
More than 3,200 offers to over 8,000 claimants totaled about $1.1 billion. Nearly 80% of offers were accepted, about 2% declined, and more remained pending. Payments to more than 4,450 claimants exceeded $625 million. Offers averaged 36 days after substantially complete submissions. Claims submitted by the deadline will continue to be processed afterward. Submitting a claim, receiving an offer and evaluating it do not waive claimants’ rights.
Edison International (EIX) has opened applications for its Edison Scholars program, offering high school seniors scholarships for STEM degrees.
The $1.5 million program awards 30 scholarships of $50,000 each, paid over four years. Applicants must live in Southern California Edison’s service area, have a cumulative GPA of at least 3.0, demonstrate financial need and plan full-time undergraduate STEM enrollment in fall 2027. Applications close Jan. 21, 2027, with recipients announced in spring 2027. Edison International shareholders fully fund the program.
Edison International (NYSE: EIX) reported third-quarter 2026 net income available to common shareholders of $724 million, down from a year earlier. Basic earnings per share fell to $1.88 from $2.16, while core EPS, which excludes selected items, declined to $1.92 from $2.34. Revenue decreased to $4,886 million from $5,750 million. The company attributed Southern California Edison’s core earnings decline primarily to earnings recognized in 2025 from a retroactive rate decision.
Edison reaffirmed 2026 core EPS guidance of $5.90–$6.20, but lowered basic EPS guidance to $5.66–$5.96 from $5.70–$6.00. Nine-month core EPS rose to $4.89 from $4.68, while basic EPS fell to $4.65 from $6.78. SCE has hardened approximately 90% of its distribution system in high fire risk areas. Edison remains confident in delivering 5%–7% core EPS growth from 2025 to 2030.
Edison International (EIX) subsidiary Southern California Edison is approaching its November 30, 2026, deadline for Eaton Fire compensation program claims. Claims submitted by that date will continue to be reviewed and processed afterward, even if validation or offer preparation remains incomplete.
As of October 20, 2026, more than 5,300 claims covered over 16,250 individuals, trusts and legal entities. More than 3,100 offers to over 7,700 claimants totaled nearly $1.1 billion. Nearly 80% of offers had been accepted, with more pending; only about 2% had been declined. Nearly 4,200 claimants had received over $580 million. Offers average 36 days after submission of a substantially complete claim. Payments are made within 30 days after all settlement agreement conditions are satisfied. Submitting a claim, receiving an offer or evaluating it does not waive a claimant’s rights.
Southern California Edison, an Edison International (EIX) company, has extended more than $1 billion in Eaton Fire compensation offers to claimants.
As of Oct. 1, 2026, more than 5,000 claims covered over 15,300 individuals, trusts and legal entities. Nearly 2,900 offers reached almost 7,200 claimants. More than 3,850 claimants had been paid over $535 million, with additional payments in process. Nearly 80% of offers have been accepted; about 2% have been declined.
Offers arrive an average of 36 days after receipt of a substantially complete claim. Claims must be submitted by Nov. 30, 2026. Timely claims will be processed through completion beyond that deadline if claimants remain responsive. Submitting a claim, receiving an offer and evaluating it do not waive rights. Claimants dissatisfied with a Fast Pay offer may request a Detailed Review.
Edison International (NYSE: EIX) will hold its third-quarter 2026 financial results conference call on October 29, 2026. The call runs from 1:30 to 2:30 p.m. PDT, with a live webcast at www.edisoninvestor.com. A telephone replay will be available through November 12, 2026, at 6 p.m. PST.
Edison International (EIX) declared a quarterly common dividend of $0.8775 per share, payable October 31, 2026. Shareholders of record on October 7 will receive it.
Southern California Edison also declared dividends on its Series G, L, M and N preference stock, payable December 15, 2026, to shareholders of record on December 14. The corresponding trust securities would receive distributions of $0.31875, $0.3125, $0.46875 and $0.434375 per security, respectively.
Edison International (EIX) released its report “Adapting Today: Energizing a More Resilient Tomorrow” at Climate Week NYC, outlining climate-related threats to Southern California Edison’s electric grid and proposed adaptation actions.
The report draws on SCE’s 2026 Climate Adaptation Vulnerability Assessment, which uses high-resolution climate models to pinpoint asset-level risks from extreme heat, flooding, sea level rise and wildfire conditions. Examples include increases in underground duct bank sites prioritized for heat from three to 22 and pad-mount transformers at flood risk from more than 9,800 to more than 12,000 as warming rises from 1.5°C to 2°C. The paper also calls for a whole-of-economy, community-informed approach to resilience planning across California.
Edison International (NYSE:EIX), through Southern California Edison, urges comprehensive wildfire policy reform in California, arguing that the amended Senate Bill 492 does not meet long-term needs. The company calls for legislation that prioritizes wildfire survivors’ access to funds, stabilizes electricity rates, and supports a stable financing framework to fund grid safety, resilience and climate-related investments. According to Southern California Edison, it plans to work with the next governor and legislature on a more durable solution that both protects customers and enables access to reasonably priced capital to build a safer, more resilient electric system.
Southern California Edison (NYSE:EIX) is holding a community meeting on Sept. 10, 2026, from 6–8 p.m. at Westminster Presbyterian Church in Pasadena to discuss the Wildfire Recovery Compensation Program for those affected by the Eaton Fire ahead of the Nov. 30, 2026 claim deadline.
Company leaders, experts and compensated participants will answer questions and share experiences. As of Aug. 28, more than 4,450 claims covering over 13,600 claimants have been submitted; over 2,500 offers to nearly 6,300 claimants total more than $860 million, and more than 3,100 claimants have been paid over $460 million.
SCE reports average offer turnaround of 36 days, payments typically within 30 days, an offer acceptance rate above 77%, and survey results showing 82% favorable opinions of the program.