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

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

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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.

Kevin Geraghty, chief operating officer of SDG&E, called the wildfire spending process "the most highly-scrutinized, regulatory utility process I have ever been involved in, in my life." On a temperate, clear morning in the Sierra Nevada foothills east of Placerville in October, a PG&E construction crew donned yellow jackets and safety helmets and went about the work of burying power lines along a narrow, wooded road. Overhead lines snaked through thick trees in this area — prime fire risk territory. The workers buried the lines in a trench that had been dug using a heavy piece of equipment designed to cut hard concrete and soil.

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