1. Edison International's wildfire compensation program has processed over 1,500 claims. 2. First payment to affected communities received within 45 days of program launch. 3. Claims can still be submitted until November 30, 2026. 4. Program aims for prompt resolutions, with payments expected within 30 days. 5. SCE's quick action reflects commitment to customer support and recovery.
FAQ
Why Bullish?
EIX's proactive response to community needs can enhance its reputation and customer loyalty, potentially leading to increased investor confidence. Historically, swift recovery efforts post-disaster have positively impacted utility companies' stock performances, as seen with utility recovery efforts after Hurricane Sandy.
How important is it?
The compensation program's success could lead to stabilized operations and investor support, indicating good management and responsiveness. Moreover, it highlights EIX's strategic efforts to mitigate future risks associated with wildfires, potentially enhancing long-term profitability.
Why Short Term?
The immediate community support and quick claims processing will enhance EIX's reputation, thus positively impacting stock in the short term. However, sustained impact will depend on ongoing recovery effectiveness and potential regulatory outcomes.
Over 1,500 claims have been submitted.
Community members asked for more frequent updates on the program and wildfire recovery efforts. This update is part of our commitment to keep them informed.
Community members directly impacted by the Eaton Fire are getting compensation without delay to rebuild and recover. Just 45 days after Southern California Edison launched its Wildfire Recovery Compensation Program, the first payment has been made.
To date, over 1,500 claims have been submitted. Offers have been extended and accepted. More payments will be made by year-end.
"We are grateful to community partners — neighbors, local organizations and first responders — for their tireless efforts to support recovery," said Pedro J. Pizarro, president and CEO of Edison International, SCE's parent company. "We committed to helping quickly, too, delivering offers within 90 days and payments within 30 days. Today, we're making good on that promise in a fraction of the time, providing much-needed payments when the community needs it most."
Program Participation At-a-Glance (as of Dec. 15, 2025)
- Total claims submitted: 1,551
- Number of claimants and household members involved: 3,293
- Offers extended: 27
- Payments made: 1
- Percentage of claims submitted by plaintiffs' attorneys: 20%
- Three most common loss types: non-burn damage (43%), total loss (40%), partial loss (5%)
On average, it takes about 90 minutes to complete the claim form. Participation in the program is completely voluntary. Claims can be submitted until Nov. 30, 2026.
The Wildfire Recovery Compensation Program is designed to provide fair resolutions and fast payments to eligible individuals and businesses. SCE remains focused on:
- Processing claims quickly (within 90 days of being substantially complete).
- Offering resources online, by phone and in person.
- Delivering fair resolutions and fast payments within 30 days, after all conditions have been satisfied.
Before starting a claim, review these helpful tools to answer questions you may have about the form or process.
- See the User Guide
- View the FAQ
- Explore Sample Offers for Owners and Tenants
- See Latest Updates
- Start a Claim
- Call 888-912-8528 for assistance
About Southern California Edison
An Edison International (NYSE:EIX) company, Southern California Edison is one of the nation's largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.
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Media Relations: 626-302-2255
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Investor Relations: Sam Ramraj, 626-302-2540
Feinberg/Biros: Amy Weiss, 202-203-0448
amy@weisspublicaffairs.com