Utility Dive•4 days ago
Southern California Edison expects ‘muted’ 2026 growth as wildfire costs roll in
Key Takeaway
SCE's short-term financial strain from wildfire costs is presented as manageable, but could still lead to temporary slowdowns in infrastructure investment or rate adjustments for customers in its service territory.
AI Summary
- •Southern California Edison (SCE) anticipates 'muted' growth in 2026 due to significant wildfire-related costs.
- •SCE's Chief Financial Officer views these costs as a 'one-time setback,' asserting they will not hinder future long-term growth.
- •For developers and large power consumers in SCE territory, this could imply short-term rate pressure or slower infrastructure development in 2026, despite the utility's long-term optimism.
Topics
caisofinancingpolicy