Connect with us

Hi, what are you looking for?

Alive Business PlanAlive Business Plan

Stock

Fire agencies to investigate potential Edison link to LA Hurst fire

(Reuters) – Fire agencies are investigating whether Southern California Edison’s utility infrastructure sparked a brush fire that is still burning in a Los Angeles suburb, SCE said Friday, adding no determination has been made.

SCE, a unit of U.S. utility Edison International (NYSE:EIX), said in a filing to its regulators that a downed conductor was discovered at a tower associated with its Eagle Rock – Sylmar 220 kV circuit.

“SCE does not know whether the damage observed occurred before or after the start of the fire,” the utility said.

SCE said preliminary information shows the circuit experienced a relay at 10:11 p.m. (0611 GMT) where the Hurst fire was reported around 10:10 p.m. on Jan. 7.

The Hurst fire, in Sylmar in the San Fernando Valley northwest of Los Angeles, has exceeded 770 acres and is now 77% contained, according to the California Department of Forestry and Fire Protection.

Edison International did not immediately respond to a request for comment made via the company website.

SCE on Thursday said it had received notices from insurance companies to preserve evidence related to the Eaton (NYSE:ETN) Fire that is still burning in Los Angeles, but said no fire agencies have linked the utility’s connection to the fire.

More than 10,000 structures have been destroyed by five fires raging in the area and nearly 30,000 acres have been burned.

Private forecaster AccuWeather has estimated the damage and economic loss at $135 billion to $150 billion, portending an arduous recovery and soaring homeowners’ insurance costs.

This post appeared first on investing.com
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    The Gateway Pundit, a far-right website, published a note from its editor on Saturday acknowledging that two election workers in Georgia did not engage...

    Latest News

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Investing

    JAKARTA (Reuters) -Indonesia has asked Alphabet (NASDAQ:GOOGL)’s Google and Apple (NASDAQ:AAPL) to block Chinese fast fashion e-commerce firm Temu in their application stores in...

    Latest News

    New majorities in Congress, particularly when the incoming party has a new leader, offer the rare chance for the institution to take a breath...



    Disclaimer: alivebusinessplan.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 alivebusinessplan.com