Edison CEO Says Tariffs Risk Raising Electric Rates
- Pizarro says tariffs on materials may push rates higher
- Company is rebuilding parts of its system after LA wildfires
Pedro Pizarro
Photographer: Eric Thayer/BloombergThis article is for subscribers only.
Edison International’s top executive said Trump administration tariffs risk raising costs for the California utility giant as it rebuilds parts of its system after the Los Angeles-area wildfires.
The company, which owns a utility that supplies electricity to much of Southern California, estimates tariffs on imported materials may add as much as several percentage points to rates, Chief Executive Officer Pedro Pizarro said during an interview with Bloomberg Television.