Gavin Newsom Has an $18B Plan to Shore Up California's Utilities

Newsom has been “shoring up” California utility companies with customer’s money for years. They are big Newsom/party donors.

"Gov. Gavin Newsom’s office has circulated a draft proposal to raise as much as $18 billion for a continuation fund, with half coming from utilities and half from charges to customers’ electric bills." - from the article.

As I read it: utility causes massive fire, state charges everyone to protect them from costs.

Surely throwing more money at investor owned utilities will eventually improve the outcome. /s

Key takeaways from investigation into Edison’s role in the deadly Eaton fire - https://www.latimes.com/business/story/2026-08-20/key-takeaw... - August 20th, 2026

https://www.documentcloud.org/documents/28563478-eaton-fire-...

> New details revealed in court show that critical fire prevention equipment needed repair before the blaze and that vegetation under the tower where it ignited hadn’t been trimmed for years.

> Investigators say Edison kept power flowing through mountain transmission lines despite “life‑threatening” Santa Ana winds and documented multiple violations.

> With the first negligence trial set for January and Newsom-backed laws limiting utility wildfire liability, survivors warn California is eroding corporate incentives to prevent future catastrophic blazes.

https://newsroom.edison.com/releases/edison-international-re...