How PG&E’s $1B to Local Governments for Wildfire Damage Will be Paid

A California utility agreed Tuesday to pay $1 billion to 14 local governments to cover damages from a series of deadly wildfires caused by its downed power lines.

The settlement is a sliver of the more than $30 billion in potential damages Pacific Gas & Electric is facing in lawsuits filed by local governments, insurance companies and private property owners.

More than half of the $1 billion in the agreement would go to four governments impacted by a 2018 fire that killed 85 people and destroyed nearly 14,000 homes in Northern California.

How the money would be distributed:

2015 FIRE IN CALAVARES COUNTY

• $3 million to the Calaveras County Water District.
• 2017 FIRES IN NORTHERN CALIFORNIA WINE COUNTRY
• $415 million divided among nine entities:
• Mendocino County
• Sonoma County
• City of Santa Rosa
• Napa County
• City of Napa
• Lake County
• City of Clearlake
• Yuba County
• Nevada County

2018 FIRE IN NORTHERN CALIFORNIA

• $270 million to the Town of Paradise
• $252 million to Butte County
• $47.5 million to Paradise Recreation and Parks District
• $12.5 million to Yuba County

Related:

• PG&E Settles for $1B with Local Governments for California Fire Claims
• Bankruptcy Judge Approves PG&E $105 Million Assistance Fund for Wildfire Victims
• California Utility Regulator OKs PG&E’s Wildfire Mitigation Plan