Edison InternationalSCE urges reform of SB 492, which it says fails to provide stable financing and prioritization for wildfire funds, potentially increasing costs and capital access challenges.

Southern California Edison is urging comprehensive wildfire reform, arguing that the amended Senate Bill 492 fails to deliver the durable solution needed to protect fire survivors, keep bills affordable, and support grid investments. The utility says SB 492 would not prioritize wildfire funds for survivors, would not address policies delaying recovery, and would not provide the stable financing framework utilities need to support California's climate goals. SCE plans to engage with the next governor and legislature to advance reform, emphasizing that wildfire policies must evolve with the changing climate to enable access to capital at reasonable cost. SCE, an Edison International company, serves approximately 15 million people via 5 million customer accounts in a 50,000-square-mile area in California.
Edison InternationalSCE urges reform of SB 492, which it says fails to provide stable financing and prioritization for wildfire funds, potentially increasing costs and capital access challenges.