$300 Million a Year, Almost All From You: Inside SCE's Wildfire Self-Insurance Fund

$300 Million a Year, Almost All From You: Inside SCE's Wildfire Self-Insurance Fund

$300 Million a Year, Almost All From You: Inside SCE's Wildfire Self-Insurance FundIn House Contributor
Published on: 06/09/2026

Southern California Edison maintains a wildfire self-insurance fund costing roughly $300 million a year, with the large majority funded by ratepayers rather than shareholders, since traditional wildfire insurance has become extremely expensive.

SCE wildfire insuranceutility self-insurance fundCalifornia electric rateswildfire mitigation costhome solar savingshome battery storage