{"id":16529,"date":"2026-06-04T22:30:00","date_gmt":"2026-06-04T20:30:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=1d5080ef4c347f28c8030b0c12c46a33"},"modified":"2026-06-04T22:30:00","modified_gmt":"2026-06-04T20:30:00","slug":"more-than-650-million-offered-as-sce-continues-relief-for-community-members-impacted-by-eaton-fire","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=16529","title":{"rendered":"More Than $650 Million Offered as SCE Continues Relief for Community Members Impacted by Eaton Fire"},"content":{"rendered":"<p class=\"bwalignc\">\n<i>Pace of payments increasing as more Wildfire Recovery Compensation Program participants move from claims to compensation.<\/i><\/p><p>ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison today announced that relief efforts for community members impacted by the Eaton Fire continue to advance, with over $650 million offered through the <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsce.com%2Fdirectclaims&amp;esheet=54547803&amp;newsitemid=20260604311884&amp;lan=en-US&amp;anchor=Wildfire+Recovery+Compensation+Program&amp;index=1&amp;md5=a7017dde445def9186dd613987bcf741\" rel=\"nofollow\" shape=\"rect\">Wildfire Recovery Compensation Program<\/a>. More than 70% of offers have been accepted, with additional decisions pending, as more participants move from claims to compensation.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260604311884\/en\/691398\/4\/SCE_logo_w_tagline_vertical_cmyk.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260604311884\/en\/691398\/22\/SCE_logo_w_tagline_vertical_cmyk.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260604311884\/en\/691398\/4\/SCE_logo_w_tagline_vertical_cmyk.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260604311884\/en\/691398\/21\/SCE_logo_w_tagline_vertical_cmyk.jpg\" \/><\/a><p>\n\u201cWe know recovery doesn\u2019t happen all at once \u2014 it happens one step at a time,\u201d said Pedro J. Pizarro, president and CEO of Edison International, SCE\u2019s parent company. \u201cEach offer and payment represent a meaningful step forward, and we\u2019re committed to helping more community members reach these points as quickly as possible.\u201d<\/p><p>\nAs of June 4:<\/p><ul class=\"bwlistdisc\">\n<li>\nMore than 3,500 claims submitted, consisting of nearly 10,700 individuals, trusts and legal entities.<\/li>\n<li>\nNearly 1,900 offers extended to more than 4,600 claimants, totaling over $650 million.<\/li>\n<li>\nNearly 1,500 claimants paid, totaling over $200 million, with many more in process.<\/li>\n<\/ul><p>\nCompensation amounts vary significantly based on the nature of a claim, from payments to renters with smoke and ash damage in Zone 2 of the Eligibility Area to larger payments for complex total losses. Available insurance also factors into certain compensation categories and payments from the program. Real examples include:<\/p><ul class=\"bwlistdisc\">\n<li>\nAverage total for homeowner with total loss: $1,700,627\n<ul class=\"bwlistcircle\">\n<li>\nAverage payment through the program: $754,204<\/li>\n<li>\nAverage insurance coverage: $946,423<\/li>\n<\/ul><\/li>\n<li>\nHighest total for homeowner with total loss: about $6,061,000\n<ul class=\"bwlistcircle\">\n<li>\nPayment through the program: about $1,484,000<\/li>\n<li>\nAvailable insurance coverage: about $4,577,000<\/li>\n<\/ul><\/li>\n<li>\nAverage payment for tenant with smoke and ash damage: $44,368<\/li>\n<li>\nLowest payment for tenant in Zone 2 with smoke and ash damage: $15,000<\/li>\n<\/ul><p>\nSee how multiple forms of compensation come together in <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fenergized.edison.com%2Fwildfire-recovery-compensation-program%23sample-offers-section&amp;esheet=54547803&amp;newsitemid=20260604311884&amp;lan=en-US&amp;anchor=these+examples&amp;index=2&amp;md5=475d9097dc27252c9f3e0473476d1853\" rel=\"nofollow\" shape=\"rect\">these examples<\/a>.<\/p><p>\nOn average, offers are being delivered within 35 days, well within the 90-day commitment following submission of a substantially complete claim. Payments are made within 30 days after all conditions in the settlement agreement have been satisfied. Many payments are being processed in a fraction of that time.<\/p><p>\nSubmitting a claim, on average, takes under two hours. To date:<\/p><ul class=\"bwlistdisc\">\n<li>\nOver 70% of offers have been accepted, with more pending.<\/li>\n<li>\n32% of claims submitted are by attorneys or authorized representatives.<\/li>\n<\/ul><p>\nThe Wildfire Recovery Compensation Program is designed to offer compensation in line with settlement values for similar claims in past wildfire lawsuits, with a more streamlined and faster approach than litigation. Whether pursued through litigation or SCE\u2019s claims process, wildfire claims are typically resolved through a signed agreement. Through the Wildfire Recovery Compensation Program, this resolution \u2014 and compensation \u2014 can come much sooner.<\/p><p>\nFiling a claim does not waive a claimant\u2019s rights. Receiving an offer does not waive rights either. The program is voluntary and available through Nov. 30, 2026.<\/p><p>\n<b>Get Started<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\nTo submit a claim and access detailed guidance in English and Spanish, visit the <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sce.com%2Fdirectclaims&amp;esheet=54547803&amp;newsitemid=20260604311884&amp;lan=en-US&amp;anchor=Wildfire+Recovery+Compensation+Program+web+page&amp;index=3&amp;md5=e9e13766c8666bc68f648da6e0c37e01\" rel=\"nofollow\" shape=\"rect\">Wildfire Recovery Compensation Program web page<\/a>.<\/li>\n<li>\nFor one-on-one assistance in multiple languages, call 888-912-8528. In-person appointments are also available to guide claimants through the requirements and help them get started.<\/li>\n<li>\nFor firms representing multiple eligible claimants, a bulk intake process is available. <a  href=\"mailto:EatonFireLegal@sce.com?subject=Bulk%20Intake%20Inquiry\" rel=\"nofollow\" shape=\"rect\">Email the team to get started<\/a>.<\/li>\n<\/ul><p>\n<b>About Southern California Edison<\/b><\/p><p>\nAn Edison International (NYSE: EIX) company, Southern California Edison is one of the nation\u2019s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Media Relations:<\/b> 626-302-2255\n<br\/><a  href=\"mailto:news@sce.com\" rel=\"nofollow\" shape=\"rect\">news@sce.com<\/a><\/p><p>\n<b>Investor Relations:<\/b> Sam Ramraj, 626-302-2540<\/p><p>\n<b>Feinberg\/Biros<\/b>: Amy Weiss, 202-203-0448\n<br\/><a  href=\"mailto:amy@weisspublicaffairs.com\" rel=\"nofollow\" shape=\"rect\">amy@weisspublicaffairs.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Pace of payments increasing as more Wildfire Recovery Compensation Program participants move from claims to compensation.ROSEMEAD, Calif.&#8211;(BUSINESS WIRE)&#8211;Southern California Edison today announced that relief efforts for community members impacted b&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16529","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16529"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16529\/revisions"}],"predecessor-version":[{"id":16530,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16529\/revisions\/16530"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}