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Gavin Newsom Proposes Wildfire Fund to Bolster PG&E, Other California Utilities

Gov. Gavin Newsom is proposing a multibillion-dollar wildfire fund to help California’s utilities cover mounting fire-related liability costs that have threatened their financial health. The fund is part of a

To reduce wildfires and save utilities, Newsom wants $10.5 billion from ratepayers

Gov. Gavin Newsom is asking the California Legislature to extend an existing charge on utility customers’ bills in hopes of generating $10.5 billion for a new wildfire fund, one that

Will utility rates go up under Gavin Newsom’s wildfire plan? It’s complicated.

Gov. Gavin Newsom’s plan for covering the costs of future mega-fires allows him to boast that utility customers’ rates won’t go up to pay for his $24 billion plan.

PG&E plans nearly $11 million in executive performance bonuses

PG&E Corp. plans to pay a group of top executives nearly $11 million in performance-based bonuses this year, the bankrupt utility owner said Thursday. The payouts would probably be a

PG&E agrees to pay $1 billion to governments for wildfire damages

PG&E has agreed to pay $1-billion in settlement money for damages from fires sparked by their equipment. The money is not going to the homeowners and individuals affected by the

California needs a big pot of money for wildfires. But how big? And who pays?

California leaders are calling for a giant pot of money to help electricity providers cover wildfire liabilities, a critical move to head off another utility bankruptcy and also to prevent

California’s largest utility warns tens of thousands of people could see power shut off due to extreme fire risk

Pacific Gas & Electric Co., California’s largest electric utility, warned Friday afternoon it might cut power this weekend to tens of thousands of customers in its service area due

State utility regulators waive opposition to SDG&E petition to U.S. Supreme Court

California electricity regulators recently waived their right to oppose a petition San Diego Gas & Electric filed with the U.S. Supreme Court in its effort to get customers to pay

California Wildfire Panel Urges Utility Liability, Cost Recovery Relief

Eliminating California’s strict liability for utilities and streamlining cost recovery for victims and utilities were recommended Wednesday in a preliminary report by the state’s wildfire commission. A final report is

Editorial: Failure to give ratepayers representation in PG&E bankruptcy to raise bills

Pacific Gas and Electric Co. just got some great news about its bankruptcy proceedings. On Tuesday, the judge in PG&E’s bankruptcy case decided that millions of ratepayers will not have

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