SACRAMENTO (AP) – 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 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 thousands of homes and killed 22