Edison’s Proposed Rate Hike Angers LA Wildfire Survivors

Source: LA Times  |  By Caroline Petrow-Cohen

 Southern California Edison is seeking to raise rates by 10% in order to pay for wildfire mitigation and cover “reasonable costs of its operations, facilities [and] infrastructure.”  If approved, the rate hike would mean an $18 average increase in monthly electrical bills for Edison’s 15 million customers.  The proposed rate hike has rankled victims of the Eaton fire that killed at least 18 people and burned more than 14,000 acres. Already this year, the CPUC voted to allow Edison to raise electricity rates to cover $1.6 billion in payments it made to victims of the devastating 2017 Thomas wildfire. Investigators found that the utility’s equipment sparked the blaze, one of the largest in California history.

“All rate increases have a significant effect on consumers because you’re paying more for something that you paid less for before,” said Lee Trotman, spokesman for the Utility Reform Network. “Edison is going to ask for the moon, and we’re going to say, ‘no, dial it back.”