Newsom Administration Explores $18 Billion Proposal, Raising Concerns Over Already High Costs
Brace yourselves, Californians. Governor Gavin Newsom is reportedly mulling a new plan that could add an extra fee to your already sky-high utility bills, all to tackle the state’s devastating wildfires.
The proposal, uncovered by Bloomberg News, would funnel a massive $18 billion into California’s wildfire cleanup fund.
But here’s the catch: half of that money would come directly from ratepayers—you and your neighbors—while utility giants like Sempra, PG&E, and Edison International would pay the other half…