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Edison International - Stock Quote EIX

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Morningstar's Edison International Stock Analysis

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Edison's Growth Depends on Regulatory Support for California's Energy Goals

Travis Miller Strategist

Business Strategy and Outlook

| Travis Miller |

California will always present political, regulatory, and operating challenges for utilities like Edison International. But the state's aggressive clean energy goals also offer Edison more growth opportunities than most utilities. Policymakers know that meeting these clean energy goals, notably a carbon emissions-free economy by 2045, will require financially healthy utilities.

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Edison International's Company Profile

Business Description

Edison International is the parent company of Southern California Edison, an electric utility that supplies power to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

2244 Walnut Grove Avenue, P.O. Box 976
Rosemead, CA, 91770
T +1 626 302-2222
Industry Utilities - Regulated Electric
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type High Yield
Employees 13,003

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