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California puts PG&E under enhanced oversight due to wildfire prevention work lapses

California puts PG&E under enhanced oversight due to wildfire prevention work lapses
utilitydive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from utilitydive.com Daily Mail and Mail on Sunday newspapers.

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SCE settles 2018 wildfire insurance claims for $2.2B, faces potential fines over energy efficiency program


Dive Brief:
Southern California Edison has agreed to pay $2.2 billion to resolve subrogation claims filed by insurance companies related to the 2018 Woolsey Fire, which burned nearly 100,000 acres and caused three fatalities in Southern California, the utility announced Monday.
The latest settlement is another significant step toward resolving pending wildfire-related litigation, parent company Edison International s President and CEO Pedro Pizarro said in a statement. SCE has now resolved all subrogation claims related to the 2017 and 2018 fires and mudslides, and continues to explore reasonable settlement opportunities with other parties, Pizarro added.
The utility is simultaneously facing criticism for its management of its upstream lighting program, which offered manufacturer rebates to promote energy-efficient lightbulbs, prompting the agency s Public Advocates Office (Cal Advocates) to recommend financial penalties of $140 million. ....

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