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Californians Pay Billions for Power Companies’ Wildfire Prevention Efforts, But Are They Cost-Effective?

  • Californians are paying $27 billion for wildfire prevention and insurance costs authorized by the California Public Utilities Commission from 2019 to 2023.
  • The three largest utilities claim this spending is essential due to climate change worsening wildfires in California.
  • The high electricity prices contribute to a statewide affordability crisis, along with rising housing costs, groceries, and gasoline.
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Cal MattersCal Matters
+4 Reposted by 4 other sources
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Californians pay billions for power companies’ wildfire prevention efforts. Are they cost-effective?

After utility equipment sparked tragic wildfires, PG&E, SCE and SDG&E received state approval to collect $27 billion from ratepayers. As California electric bills soar, questions have emerged about oversight and costs.

·Sacramento, United States
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  • 57% of the sources are Center
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Cal Matters broke the news in Sacramento, United States on Tuesday, December 3, 2024.
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