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The California Public Utilities Commission on Thursday accredited a settlement with Pacific Gas & Electric (NYSE:PCG) wherein the corporate can pay $45M in penalties for the 2021 Dixie Fire in northern California.
Under the settlement phrases, the utility can pay $40M in shareholder funding to transition its data to digital format for distribution patrols and inspections, $2.5M to tribes affected by the hearth for remediation and one other $2.5M to the state’s General Fund.
The PUC mentioned the settlement was reached after the company’s Safety and Enforcement Division concluded its investigation and issued an Administrative Consent Order after discovering violations.
Officials mentioned the Dixie Fire began on July 13, 2021 after a tree fell and struck energized conductors owned and operated by PG&E (PCG), sparking the second largest wildfire within the state’s historical past, in line with Cal Fire.