California utility to pay $55 million for massive wildfires

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California utility to pay $55 million for massive wildfires
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  • 📰 WTVYNews4
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'Pacific Gas & Electric has agreed to pay more than $55 million to avoid criminal prosecution for two major wildfires started by its aging power lines in Northern California, prosecutors announced Monday.'

. The deals expedite damage payments to the hundreds of people whose homes were destroyed.

Pacific Gas & Electric has been blamed for more than 30 wildfires since 2017 that wiped out more than 23,000 homes and businesses and killed more than 100 people. It previously reached settlements with wildfire victims of more than $25.5 billion. The settlement for the Dixie Fire was made by district attorneys in Plumas, Lassen, Tehama, Shasta and Butte counties, who had not yet filed charges.

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