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Edison CEO vows swift payments to fire victims

Los Angeles Times

|

November 15, 2025

The executive says the company’s equipment likely at fault for Eaton blaze.

- BY MELODY PETERSEN

Edison CEO vows swift payments to fire victims

Edison International EDISON International's Pedro Pizarro says he expects the first settlement offers later this month.

Edison International Chief Executive Pedro Pizarro said this week that the utility expects the first Eaton fire victims who have agreed not to sue the utility to get their settlement offers later this month.

In an interview, Pizarro said that the utility decided to create the program to pay victims before the fire investigation was complete to get money to them more quickly and because it has become more apparent that the company’s equipment ignited the inferno that killed 19 people.

“There is no other clear probable cause at this point,” he said Wednesday.

More than 6,000 homes and other properties were destroyed in the Jan. 7 fire that started under an Edison transmission tower in Eaton Canyon. The flames damaged an additional 700 to 800 homes, according to Edison.

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