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PG&E Investing $18 Billion Toward Wildfire Mitigation

March 28, 2023 admin Business, news, PG&E, power lines, psps, public safety power shutoffs, socal edison, T&D, transmission and distribution, wildfire mitigation plan, Wildfires

Credit to Author: Darrell Proctor| Date: Tue, 28 Mar 2023 15:05:23 +0000

California utility Pacific Gas & Electric (PG&E) said it plans to invest $18 billion toward its wildfire prevention program through 2025 after sustaining major financial losses from fire-related claims over the past few years. PG&E filed for bankruptcy in 2019, and has paid billions of dollars in settlement awards tied to criminal and civil liabilities […]

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