Edison International’s 2025 annual report said its Southern California Edison utility increased customer rates under a new general rate case decision and continued a capital program focused on distribution, transmission and wildfire mitigation. The filing also described regulatory settlements that allowed cost recovery for the 2017/2018 wildfire and mudslide events, including a USD 1.6 billion securitized bond issuance tied to the TKM settlement. The report said the Eaton Fire in January 2025 is under investigation and that the company has recorded USD 1.1 billion in losses tied to settlements, with expected reimbursements from self-insurance and the state wildfire fund. It also noted progress in transportation electrification, with 572 sites built to support 9,761 charge ports and 132 sites to support 2,859 medium- and heavy-duty vehicles.

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