Last weekend, over $10,000 of copper cable was stolen from two Southern California Edison power stations. The thieves stole over 1,000 feet of the cables that were being used to ground towers at substations. Edison officials estimate that the cost to fix these cables is $50,000.
Copper is often stolen to sell to others since the value of copper is increasing nationwide. Other valuable precious metals that are being stolen more in this rough economy include: silver, gold, platinum and palladium. In these tough times, people will do anything to make a few dollars. Once these thieves are caught they will likely be charged with grand theft and vandalism and may face prison time and have to pay restitution.