EFSN: Edison Profits Soar as Fire Survivors Get Shortchanged; Share Your Comments
EFSN identifies Edison’s final compensation plan pays fire survivors less than PG&E paid the Camp Fire survivors while PG&E was bankrupt. Edison reported $832 million in third-quarter profits, up $316 million from last year, after receiving state approval for a $9.66 billion revenue plan, including an $880 million rate hike and $902 million in back pay. In short: Californians gave Edison a bailout, a raise, and back pay—yet survivors are still being shortchanged.