The CPUC said PG&E would pay a $21 million penalty in shareholder funds to the state's general fund and $1 million for an independent third-party review of the utility company's transmission centralized inspection review team's operations.
The potential settlement would also require PG&E to conduct a review of its centralized inspection review team's program at the shareholder's expense, the CPUC said.
PG&E issued a statement to CBS Sacramento that said the utility shares the CPUC's commitment to improving safety.
The Mosquito Fire burned nearly 77,000 acres after it broke out on Sept. 6, 2022. It forced thousands of Placer County residents to evacuate their homes in the Foresthill and Michigan Bluff areas. More than 70 structures were destroyed and more than a dozen were damaged.
Nearly a month after the fire began, the U.S. Forest Service seized a PG&E transmission pole and attached equipment in a criminal probe into what started the fire.
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