Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Sparks fly over California wildfire costs

    by John Myers, Los Angeles Times Aug 25, 2018 5 minutes

    SACRAMENTO, Calif. - A far-reaching proposal to assist electric utility companies faced with covering billions of dollars in wildfire damage was unveiled Friday to intense debate over whether ratepayers would be saddled with some of the bill for California's worst-ever fire year.

    With time running out before the California Legislature adjourns for the year, lawmakers released a plan that would allow the utilities to use payments from customers to help underwrite the cost of wildfire liability. Some of the biggest wildfires since 2017 - which destroyed thousands of homes - have been caused by downed power lines, and at least one major utility has said it faces insolvency without help in covering the costs.

    "Ratepayers can't be on the hook for everything, but we cannot bankrupt

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times4 min readCrime & Violence
    Robin Abcarian: Criminalizing Homelessness Is Unconscionable, But Is It Unconstitutional?
    On Monday, the U.S. Supreme Court heard arguments about whether a small Oregon city can cite and prosecute homeless people for sleeping in public places when they have nowhere else to lay their heads. If the case reveals nothing else about the state
    Los Angeles Times8 min read
    Bit By A Billionaire's Dog? Or A Case Of Extortion? A Legal Saga From An LA Dog Park
    LOS ANGELES -- A dog-bites-woman story usually isn't much of a story at all. But an incident in one of L.A.'s wealthiest enclaves has become something else entirely. What began in a Brentwood park on a summer day in 2022, when a dog owned by billiona
    Los Angeles Times5 min read
    Kevin Baxter: How Former Galaxy Player Eddie Lewis Became A Soccer Training Tech Innovator
    LOS ANGELES — Eddie Lewis played his final soccer game at the age of 36, old for a midfielder but young for just about everybody else. So with more than half a lifetime ahead of him, he had plenty of time to build a new career. Yet like many former p

    Related Books & Audiobooks