Board of Equalization denies Southern California Edison appeal, affirms $41.66 billion 2025 unitary value The state Board of Equalization on Nov. 19 denied Southern California Edison’s 2025 unitary-value appeal and affirmed the board-adopted value of $41,664,500,000 after an oral hearing in which Edison argued wildfire-related costs and the treatment of AB 1054 expenditures warrant a lower valuation.

Southern California Edison faces a major setback as the California Board of Equalization denies its appeal, affirming a staggering $41.66 billion unitary property value amidst contentious wildfire-related cost debates.

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