Powered by

Brown signs law to let utilities pass wildfire lawsuits’ cost to customers

Sep 22, 2018 - Orange County Register (California)

Gov. Jerry Brown signed a measure Friday allowing utilities to bill their customers to pay for future legal settlements stemming from devastating 2017 wildfires, even if the blazes are blamed on the company’s mismanagement.

The bill is aimed at preventing bankruptcy or other serious financial trouble for Pacific Gas & Electric Co. The nation’s largest utility by revenue faces billions of dollars in liability if investigators determine its equipment caused the Tubbs Fire that destroyed ...