SDG&E wants ratepayers to cover fire damage costs
SAN DIEGO (KUSI) – For the past 10-years SDG&E has been fighting to have ratepayers cover 100 percent of the losses incurred from all damages caused by the 2007 fires, and the damages were substantial, about $2 billion in insurance covered about 85% of those costs, but SDG&E still wants ratepayers to cover the other 15%, $379 million.
After losing in the lower courts, SDG&E has taken the case to the state supreme court. In addition, the utilities are going to the legislature to change the laws to allow for 100% of fire damages to be covered by ratepayers even if the utilities negligently cause fires. And they want ratepayers to cover all damages from future fires.
KUSI’s Steve Bosh has the details