Southern California Edison to Pay $2.2 Billion in Wildfire Settlements

By Evan Symon,

In addition to the Woolsey Fire settlement, SCE will pay a total of $4.6 billion in settlements over other incidents

On Tuesday, Southern California Edison announced that it would be paying a $2.2 billion settlement over claims from the 2018 Woolsey Fire within the next 90 days.

The Woolsey Fire burned nearly 100,000 acres of land in Los Angeles and Ventura counties in November 2018, destroying over 1,600 structures, causing the evacuation of 300,000 people, and killing 3.

In addition to previous settlements for the 2017 Thomas Fire, the 2017 Koenigstein Fire, the 2018 Montecito Mudslide, and a 2020 agreement with local agencies over wildfire harm, SCE has now paid out $4.6 billion in settlements in under a year. While the amount does not even come close to settlements fellow utility company PG&E has had to pay over wildfire losses, including a $13.5 billion payment to victims of the 2018 Camp Fire alone, the total amount paid by SCE now ranks amount the highest settlements given in Southern California wildfire history.

And while PG&E took the blame for several wildfires, including the Camp Fire, SCE did not claim any blame on Tuesday, simply referring it to wildfire-related litigation. This is despite reports last year that had found that faulty SCE equipment had been caused the fire.

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