Edison Admits Errors in Malibu Fire; Settlements Top $60 Million

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

2007 Malibu Fire

MALIBU, Calif. —  Southern California Edison Co. agreed Monday to pay $37 million to resolve concerns about three overloaded utility poles that sparked the 2007 Malibu Canyon fire, a settlement that would bring the total payout for the destructive fire to more than $60 million.

Under the agreement, the utility giant would admit that it violated the law by not taking prompt action to prevent a telecommunications company from attaching fiber optic cable to jointly owned poles in Malibu Canyon. Socal Edison also would acknowledge that a letter it sent to the PUC after the fire did not identify pole overloading and termite damage as possible contributing factors in the pole failures.

The proposed settlement with the California Public Utilities Commission staff represents the third, final and largest agreement regarding the fire.

All told, the settlements would bring in $63.5 million, of which $35.4 million would go to the state’s general fund and $28.1 million would be spent on pole inspections and remediations in Malibu Canyon and environs.

The Edison deal is still subject to approval by the full PUC.

Click here to read the full story on LATimes.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s