PG&E Comments on Senate Bill 492 Addressing Wildfire Risk

Pacific Gas and Electric Company (PG&E) released a statement concerning Senate Bill 492, which was amended by the California Legislature on Saturday. The bill is intended to reform the state's framework for mitigating wildfire risks and recovering from fire events.

The legislative initiative addresses the growing concerns over California's wildfires, which have caused significant damage and loss in recent years. PG&E indicates that these reforms are part of a broader effort to enhance the safety and resilience of the electrical grid.

The company noted that the proposed amendments within Senate Bill 492 are still under consideration. PG&E has expressed its readiness to engage in discussions and collaborate with officials to ensure that new regulations effectively support risk management and improve overall public safety in California.

PG&E's statement emphasizes the company's commitment to working with lawmakers and stakeholders to prevent and mitigate the impact of destructive wildfires. The utility anticipates further details and is preparing to adapt to the evolving regulatory landscape.