Southern California Edison Launches Wildfire Compensation Program Supporting Over 18,000 Affected Homes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: Businesswire
- Compensation Program Launch: Southern California Edison initiated its Wildfire Recovery Compensation Program on October 29, aimed at supporting over 18,000 affected homes, with the program set to run until November 30, 2026, demonstrating the company's commitment to community recovery.
- Rapid Processing Commitment: The program promises to process claims within 90 days of substantial completion and issue payments within 30 days after all conditions are met, ensuring that those affected can quickly receive the necessary support.
- Strong Participation: As of December 23, 2025, a significant number of claimants have engaged with the program, with an average claim form completion time of just 90 minutes, indicating a positive community response to the initiative.
- Increased Compensation Amounts: The program includes compensation for renters and homeowners, with a recent 17% increase in the monthly fair rental value calculation, aimed at better addressing the temporary housing needs of those affected.
EIX
$60.06+Infinity%1D
Analyst Views on EIX
Wall Street analysts forecast EIX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EIX is 64.20 USD with a low forecast of 55.00 USD and a high forecast of 71.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
5 Buy
5 Hold
1 Sell
Moderate Buy
Current: 60.630
Low
55.00
Averages
64.20
High
71.00
Current: 60.630
Low
55.00
Averages
64.20
High
71.00
About EIX
Edison International is an electric utility holding company. The Company is focused on providing clean and reliable energy and energy services through its independent companies. It is the parent holding company of Southern California Edison Company (SCE) and Trio. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area across Southern, Central and Coastal California. Trio is a global energy advisory firm providing integrated sustainability and energy advisory services to large commercial, industrial and institutional organizations in North America and Europe. Trio provides integrated strategy and implementation solutions in sustainability, renewables, energy procurement, conventional supply, energy optimization and transportation electrification.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
