California Utilities Regulator Okays $45 Million Penalty for PG&E Over 2021 Dixie Fire
The Dixie fire started on July 13, 2021, after a tree fell on PG&E electrical distribution wires, resulting in more than 963,000 acres being burned across multiple counties.
The agreement consists of a $2.5 million fine to the California General Fund, $2.5 million payment to tribes impacted by the fire for remediation, and $40 million for capital expenditures to transition records to electronic format.
The settlement agreement was reached after SED concluded its investigation and issued an Administrative Consent Order.
“PG&E will not request rate recovery for these expenses, so these costs will not impact customers,” the company said in a mailed statement.
New technologies are being introduced that can detect potential threats to the electric grid and rapidly reduce or shut off power to help prevent wildfire ignitions, PG&E said in its statement.
(Reporting by Paswan in Bengaluru; Editing by Bill Berkrot and Tom Hogue)