The invoice creates a brand new $21 billion fund to compensate victims. A part of the cash will come from utility firm shareholders, however half will come ratepayers.
RELATED: State meeting approves $21 billion fund to assist victims of wildfires
A $2.50 charge already in your utility invoice will probably be prolonged 15-years. It was presupposed to expire subsequent yr.
The plan additionally requires utility corporations to get annual security certifications. Critics say the invoice is a sweetheart deal for the utility trade.
See extra tales on wildfires.
Copyright © 2019 KGO-TV. All Rights Reserved.