Eaton Fire May Lead to Higher Utility Bills in California
Source: KFI AM 640 | By iHeartRadio
The devastating Eaton fire, which erupted in January, could lead to increased utility bills for over 30 million Californians. If Southern California Edison equipment is found to have sparked the blaze, as alleged in numerous lawsuits, the damage claims could deplete the state's $21-billion wildfire fund. The fire, which caused significant destruction in Altadena, killed 18 people and destroyed more than 9,000 structures.
The devastating Eaton fire, which erupted in January, could lead to increased utility bills for over 30 million Californians. If Southern California Edison equipment is found to have sparked the blaze, as alleged in numerous lawsuits, the damage claims could deplete the state's $21-billion wildfire fund. The fire, which caused significant destruction in Altadena, killed 18 people and destroyed more than 9,000 structures. Consumer advocates, however, argue that ratepayers have already contributed significantly to the fund and should not bear additional costs. Mark Toney, executive director of The Utility Reform Network, stated, "We think ratepayers have more than done enough." The state legislature is considering various options to address the issue, but no solution has been reached yet.
