Skip to main content

LATEST UPDATES: Tracking COVID-19 | Transfer Of Power | Racial Justice

PG&E Announces $13.5 Billion Settlement Of Claims Linked To California Wildfires

Photo caption:

Photo by Rich Pedroncelli AP

Seen in August 2019, the remains of a home destroyed in Northern California's 2018 Camp Fire.

Utility giant Pacific Gas and Electric announced a $13.5 billion settlement agreement to resolve all claims associated with several Northern California wildfires that killed dozens of people and destroyed thousands of businesses and homes. The wildfires have been tied to the company's equipment.

"We want to help our customers, our neighbors and our friends in those impacted areas recover and rebuild after these tragic wildfires," said PG&E; Corp. CEO and President Bill Johnson in a statement released late Friday.

The settlement fund, if accepted by a bankruptcy judge, will go to victims who lost loved ones and/or property, as well as government agencies and attorneys who have pressed the claims.

PG&E; declared bankruptcy in January, saying it faced potential liabilities of $30 billion. The company hopes that the settlement will improve its prospects for emerging from bankruptcy before a court-imposed deadline in June.

The settlement covers the Camp Fire in 2018; the Tubbs Fire in 2017; the Butte Fire in 2015; and the Ghost Ship Fire in Oakland in 2016.

Victims seeking compensation will have to file claims by the end of the year. The deadline had been extended because tens of thousands of eligible victims had failed to file amid reports that many were still unaware that they could seek payments.

Copyright 2019 NPR. To see more, visit https://www.npr.org.

FEATURED PODCAST

San Diego News Now podcast branding

San Diego news; when you want it, where you want it. Get local stories on politics, education, health, environment, the border and more. New episodes are ready weekday mornings. Hosted by Anica Colbert and produced by KPBS, San Diego and the Imperial County's NPR and PBS station.

  • Need help keeping up with the news that matters most? Get the day's top news — ranging from local to international — straight to your inbox each weekday morning.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Curious San Diego banner

Want more KPBS news?
Find us on Twitter and Facebook, or sign up for our newsletters.

To view PDF documents, Download Acrobat Reader.