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SRE, EIX, and PCG: What’s in Store?

Vincent Kruger
SRE, EIX, and PCG: What’s in Store?

California wildfires in 4Q17 changed the landscape for utilities in the state. The rage burned Edison International (EIX), the smallest of the three main utilities in California, as well. California’s current law considers a utility at fault even if it complies with all the safety norms, and the utility is liable to pay for damages. According to industry experts, the liability damages might be large enough to end up bankrupting these utilities.