Pacific Gas & Electric fined $125 million for 2019 Kincade Fire
CNN
Pacific Gas & Electric (PG&E) must pay $125 million for its role in the 2019 Kincade Fire in Sonoma County, according to a settlement with the California Public Utilities Commission (CPUC).
PG&E shareholders will pay $40 million to the state's general fund and $85 million will go toward removal of abandoned transmission facilities in its service territory, CPUC said in a statement. The utility will not be allowed to pass on those costs to customers.
Cal Fire determined the 77,758-acre blaze in 2020 was caused by PG&E's transmission lines. Dry vegetation, strong winds, and warm temperatures accelerated the blaze which destroyed 374 structures and injured four people, according to Cal Fire.
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