LA fire investigation will take a year or more, Edison CEO says | 1 May 2025 | The probe into the deadly Southern California Eaton fire is likely to take a year or more as authorities examine Edison International's utility equipment as the possible cause, according to the company's chief executive officer. Edison, meanwhile, is conducting its own investigation and has reviewed some "circumstantial information" indicating its power lines may have played a role in the blaze that destroyed much of the town of Altadena in January, CEO Pedro Pizarro said Wednesday during an interview on Bloomberg Television. The Eaton Fire was among the most deadly blazes in California history, killing 18 people. Edison plans to begin settlement talks with victims who have sued the utility if the company concludes its equipment started the fire, Pizarro said. The company would pay for the first $1 billion for any settlement with its own insurance, while the rest would come from the state of California's $21 billion wildfire fund, Pizarro said.