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Utility to pay California governments $1 billion for massive wildfire damages

Posted by   /  June 19, 2019  /  No Comments

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President Donald Trump met with California Governor Jerry Brown, Gov.-elect Gavin Newsom and first responders at Northern California wildfire-burned areas. Nov. 17, 2018./ Screengrab 

By Jamie Ross | Daily Beast

The utility giant blamed for a series of wildfires that devastated huge swaths of California has agreed to pay out $1 billion to local governments across the state to help repair the damage. Pacific Gas & Electric will pay out to more than a dozen state public entities for their losses from the deadly blazes believed to have been sparked by PG&E equipment. 

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