PG&E to pay $125 million in fines and penalties under Kincade fire settlement

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PG&E to pay $125 million in fines and penalties under Kincade fire settlement
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The California Public Utilities Commission approved the penalties for violations linked to the start of the 2019 Kincade fire, which burned more than 77,000 acres in Sonoma County.

Pacific Gas & Electric Co., whose faulty equipment was blamed for sparking California’s worst wildfire of 2019, will pay $125 million in fines and penalties under a settlement reached with state regulators, officials announced Thursday.with the California Public Utilities Commission’s Safety and Enforcement Division, PG&E shareholders will pay a $40-million fine into the state’s general fund.

Doherty said that the company continues to disagree with the Public Utilities Commission’s findings of violations but that its leadership believes in “settling reasonable disagreements.” Much of the region had been enduring power outages planned by PG&E as the utility resorted to shutting down power to millions of customers on the hottest, windiest days in an attempt to avoid sparking fires.PG&E says transmission line broke as Sonoma fire began

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