California SB168 amends the Public Utilities Code to address wildfire fund contributions, salary increases for certain state board members, and.

California SB168 amends the Public Utilities Code to require large electrical corporations to contribute to the Wildfire Fund if they have a reasonable belief of having eligible claims for a single coverage year resulting from covered wildfires. The bill also mandates that the Public Utilities Commission shall not allow large electrical corporations to include their share of fire risk mitigation capital expenditures in their equity rate base.

California SB168 amends the Public Utilities Code to address wildfire fund contributions, salary increases for certain state board members, and.

California SB168 amends the Public Utilities Code to require large electrical corporations to contribute to the Wildfire Fund if they have a reasonable belief of having eligible claims for a single coverage year resulting from covered wildfires. The bill also mandates that the Public Utilities Commission shall not allow large electrical corporations to include their share of fire risk mitigation capital expenditures in their equity rate base.