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Edison customers are paying more for fire prevention. So why are there more fires? [Los Angeles Times (CA)]

Edison International (EIX) 
Last edison international earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: edison.com/home/investors.html
of dollars on prevention measures that are costing the average customer more than $300 a year. Edison's spending on insulated wires, tree trimming, weather stations and increased equipment inspections now accounts for roughly 15% of the average utility bill, up from 9% two years ago, according to the state Public Utilities Commission's public advocates office. The company dedicated $1.9 billion for wildfire-related spending last year, up 29% from the year before, according to state officials. Every month, $26 of the average customer bill — now $175 — goes to cover those costs. Despite that spending, there were 178 wildfires sparked last year by equipment owned by Edison, which serves 15 million people in Southern and Central California, according to data the utility reports to the state. That's up from 107 in 2015. “We are spending tens of billions of dollars to not be one whit more safe,” said Loretta Lynch, former president of the Public Utilities Commission. Lynch and oth Show less Read more
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