California AB2700 mandates a report on wildfire victim restitution shortfalls and recommends restitution mechanisms for electrical corporations.

California AB2700 requires the Public Utilities Commission to generate a report assessing verified restitution shortfalls for wildfire victims caused by electrical corporations before July 12, 2019. The report, due by January 1, 2028, recommends restitution mechanisms to ensure full and timely compensation for victims, excluding measures that authorize rate recovery. The mechanisms should prioritize full restitution for victims of wildfires caused by Pacific Gas and Electric Company between 2015 and 2018.

California AB2700 mandates a report on wildfire victim restitution shortfalls and recommends restitution mechanisms for electrical corporations.

California AB2700 requires the Public Utilities Commission to generate a report assessing verified restitution shortfalls for wildfire victims caused by electrical corporations before July 12, 2019. The report, due by January 1, 2028, recommends restitution mechanisms to ensure full and timely compensation for victims, excluding measures that authorize rate recovery. The mechanisms should prioritize full restitution for victims of wildfires caused by Pacific Gas and Electric Company between 2015 and 2018.