Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly surrounding the city of Los Angeles.

As of 4 p.m. PST on January 8, approximately 413,639 SCE customers are without power. This includes 183,186 customers affected by PSPS and 230,453 experiencing outages related to the windstorm. Additionally, 453,872 customers remain under a PSPS watch.

Edison International’s shares and bonds fell on Wednesday as a wildfire raged across the Los Angeles region, close to areas served by the company’s utility unit.

Southern California Edison has instituted public safety power shutoffs in the mountains west of Palm Springs as at least four major fires raged across Southern California amid dangerous Santa Ana winds. The shutoffs impacted tens of thousands of people across Riverside County.

Key Takeaways Shares of Edison International plunged Wednesday as its Southern California Edison subsidiary was forced to shut off power to thousands of customers because of the Los Angeles-area wildfires.

Southern California Edison is shutting off power to some customers in the state because of raging wildfires, sending shares of parent company Edison International lower. Edison stock fell 7.3% to $71.

Edison International stock fell 13% Wednesday after the company shut off power to tens of thousands of customers in Southern California as wildfires blazed through the region.