According to ABC News: As mentioned in a report from California Governor Newsom, a possible PG&E (Pacific Gas & Electric) price increase is incoming for customers of the utility. This possible increase is likely due to the fact that they (PG&E) are now facing an estimated $30 billion in liability from the recent Camp Fire that destroyed a significant portion of Butte County, California.
“Eventually you’re going to turn directly to the ratepayers if the utilities are going to be liable and they need to recover their costs… It’s going to come from the taxpayer or the ratepayers or it’s going to come in the form of insurance premiums.” – Steven Weissman, an environmental attorney who penned an analysis of the situation for Governor Newsom’s office.
Should Customers Pay for the Energy Company’s Mistakes?
Several PG&E customers are expressing distaste for this potential rate increase. They say that forcing them to pay for mistakes made by PG&E doesn’t sit well with them.
“It’s already difficult to afford the astronomical rents and the cost of parking and the overall expenses of living in the city and the Bay Area.” – Alicia Biersteker, Emeryville citizen.