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KPAY News

PG&E and Butte County Resolve Fine Issue

PG&E says they have resolved the $4 million fine issue with Butte County. Pacific Gas and Electric Company announced Monday that the $4 million in fines and expenses with the plea agreement with the Butte County District Attorney will not reduce the amount of funds available to satisfy wildfire victim claims under the utilities plan of reorganization. As part of the resolution, the four million amount will be funded to the Fire Victim Trust.

According to PG&E, the resolution ensures that utility will remain in full compliance with the funding commitments that are part of its emergence from Chapter 11 and to expedite the fair and timely payments to victims.