Oct 28 (Reuters) - Edison International ( EIX ) reported

a better-than-expected profit for the third quarter on Tuesday,

as the utility benefited from higher rates for its services.

Utilities use general rate case (GRC) proceedings to raise

electricity prices. The proceedings are initiated by regulated

utilities to claim a revenue shortfall and ask for a rate

increase based on the total cost of delivering their services.

Power companies in the U.S. are seeking higher customer

electricity bills as they struggle to keep up with rising demand

from AI-focused data centers, increased domestic manufacturing

and extreme weather conditions such as wildfires.

Southern California Edison, a subsidiary of Edison

International ( EIX ), posted a rise in third-quarter adjusted profit,

primarily due to higher revenue from the 2025 general rate case

final decision.

Edison also said the Eaton Fire has been confirmed as a

"covered wildfire" by the Wildfire Fund administrator, making it

eligible for financial support through the state-backed fund.

Multiple wildfires have scorched tens of thousands of acres

across Los Angeles in what is expected to be the most costly

natural disaster in U.S. history, placing the region's electric

utilities under growing scrutiny.

In September, Southern California Edison had reached a

settlement with several intervenors to recover about $2 billion

of the $5.6 billion in losses tied to the 2017-2018 wildfires

and mudslides.

Edison now expects full-year 2025 adjusted profit to be

between $5.95 and $6.20 per share, compared with its prior view

of $5.94 to $6.34 per share.

The Rosemead, California-based utility posted an adjusted

profit of $2.34 per share for the quarter ended September 30,

compared with analysts' average estimate of $2.18 per share,

according to data compiled by LSEG.