Letter: Will new fee just go to bonuses for utilities, including PG&E?

Will new fee just go to
bonuses for utilities?

Re: “Newsom unveils $24B plan for wildfires, PG&E” (Page A1, June 22):

The governor wants the three big utilities to agree to pay for half of a $24 billion fund for future wild fires.

He says the other half is to be paid by ratepayers! The ratepayers will have a $2.50 fee that is supposed to expire next year renewed for another 15 years to cover their “share.”

Excuse me but did the ratepayers get what that fee was supposed to cover in the first place? How much of this will be going into bonuses and dividends for these utilities? Why should the ratepayers who are also the victims and taxpayers have to pay anything into it?

I didn’t see anything about the federal government adding anything even though wildfires are also on federal land.

I have to ask, what is the governor getting out of this deal he is pushing?

Dorothy Miller
Pittsburg

 

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