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Edison CEO Says Tariffs Risk Raising Electric Rates (1)

March 7, 2025, 11:31 PM UTC
Mark Chediak
Mark Chediak
Bloomberg News
Alix Steel
Alix Steel
Bloomberg Editorial
Romaine Bostick
Romaine Bostick

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.

“It could be a significant impact,” Pizarro said Friday.

Edison International President and CEO Pedro Pizarro discusses the current state of the investigation into the cause of the deadly Los Angeles wildfires on “Bloomberg The Close.” Source: Bloomberg

President Donald Trump has called for 25% tariffs on imports of steel and aluminum and is looking ...

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