> PG&E Corp. put a cost estimate of more than $25 billion Thursday on its effort to plant thousands of miles of power lines underground in an effort to tamp down wildfire risks.
https://www.sacbee.com/news/california/fires/article25824965...
https://www.nytimes.com/2020/07/01/business/energy-environme...
> PG&E sought bankruptcy protection in January 2019 after accumulating an estimated $30 billion in liability for fires started by its poorly maintained equipment. One of the blazes, the 2018 Camp Fire, killed scores of people and destroyed the town of Paradise.
It wasn’t voluntary, really.
Our problem is people build non-fireproof homes in forests and demand the government mismanage the forest by stopping fires.
I am all for more prescribed burns, but the people in opposition to those burns aren't the people living in the most at-risk areas.
Probably politically infeasible, unfortunately.
I don't know where you live, but if you are in CA, there is a very high chance that you live in a wildland-urban interface zone. About 45% of housing in CA would fall under this category.
These risks aren't limited to people living up in the mountains. A large chunk of the Bay Area is a wildland-urban interface.
All of this to say, preventing wild fires is in everybody's best interest and trying to pass the costs to one group or another will only delay our timeline to address these issues.
Burying power lines is just one part of the solution.
Meanwhile my neighbors 30 miles away are paying half that rate to SMUD. https://www.smud.org/en/Rate-Information/Compare-rates
As a bonus, SMUD doesn't generally kill people and burn down cities.
SMUD has very strict preventative maintenance procedures for their HV transmission lines, clearing all underbrush from below the 15KV lines almost yearly. We have not had any major incidents involving electrical fires in my lifetime that I am aware of.
https://www.pgecorp.com/investors/shareholders/dividend_hist...