Edison to Open LA Fire Compensation Applications by Thanksgiving

Edison International expects to begin accepting applications “well before” Thanksgiving to compensate victims of the deadly Eaton Fire that destroyed swaths of the Los Angeles area in January, according to Chief Executive Officer Pedro Pizarro.

That puts the utility company’s wildfire recovery compensation program on track to issue payments by early 2026, much faster than victims could expect if they seek reimbursement through litigation, Pizarro said Wednesday in an interview in New York.

Still, it could also mean lower payouts than victims might expect through the lengthier litigation process.

Edison’s Southern California Edison announcedthe compensation program in July. ...