Californians pay billions for power companies’ wildfire prevention efforts. Are they cost-effective?

Alejandro Lazo, CALMATTERS

After utility equipment sparked tragic wildfires, PG&E, SCE and SDG&E received state approval to collect $27 billion from ratepayers. As California electric bills soar, questions have emerged about oversight and costs.

Diane Moss lost her home in the Santa Monica Mountains after power lines ignited the apocalyptic Woolsey Fire in 2018. Since then, she’s pressed for a safer electric grid in California.

“It’s so easy to forget the risk that we live in — until it happens to you,” said Moss, a longtime clean energy advocate. “All of us in California have to think about how we better prepare to survive disaster, which is only going to be more of a problem as the climate changes.”

In recent years, California’s power companies have been doing just that: insulating power lines and burying lines underground, trimming trees, deploying drones and using risk-detection technology.

As wildfires across the U.S. intensify, California is on the leading edge of efforts to prevent more deadly and destructive fires ignited by downed power lines and malfunctioning equipment.

Customers have shouldered a hefty price for wildfire safety measures. From 2019 through 2023, the California Public Utilities Commission authorized the three largest utilities to collect $27 billion in wildfire prevention and insurance costs from ratepayers, according to a report to the Legislature.

And the costs are projected to keep rising: The three companies — Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric — continue to seek billions more from customers for wildfire prevention spending. Rates are expected to continue outpacing inflation through 2027.

Red more at https://calmatters.org/environment/2024/12/pge-utilities-wildfire-prevention-customer-bills-california/