Local leaders are upset about the potential dangers posed to residents by the EPA's plan to open a site to process Eaton fire debris near Lario Park.
Edison says current increase "remained within the design limits and operating criteria" for the circuits and "did not trigger system protection on these lines."
Shares of Edison International's ( EIX, Financials) subsidiary, Southern California Edison Company, fell by 1.9% on Monday to $57.74 at 1:14 p.m. GMT-5 following the company's detailed report to the California Public Utilities Commission regarding the Eaton Fire that erupted near Eaton Canyon in Altadena on Jan. 7.
Southern California Edison discovered signs of an encampment about 300 yards from the spot where the Eaton fire is suspected to have started.
The first significant storm of the season has brought snow and downpours to Southern California that doused wildfires and caused some ash and mud to flow across streets in the Los Angeles area.
Investigators are still trying to determine what started a fire that raged through Altadena, Calif. A new video appears to show sparking on a power line near the origin of the blaze.
Edison International shares drop as fire investigators request preservation of equipment near deadly Eaton fire site.
Despite these claims, the new surveillance video and statements from plaintiffs' counsel have prompted further investigation into the condition of Edison's equipment in Eaton Canyon. The company is taking measures to preserve evidence and cooperate with requests for information from fire agency investigators and plaintiffs' law firms.
Southern California Edison has reported a Jan. 7 fault on a power line that was connected miles away from the lines located near the origin of the deadly Eaton Fire that sparked that day.
While investigators are still working to determine the official cause, attorney Jay Edelson alleges this real-time video is the strongest evidence yet, that suggests the Eaton Fire started at an SCE transmission tower.
Edison International (EIX) stock declined nearly 2% in mid-day trading Monday following a report from Bloomberg Law detailing a lawsuit alleging the company’s Southern California utility equipment sparked the deadly Eaton fire.