@whatsamortgage_: CA’s “fine print” might be an Edison bailout—here’s why: SB 254 lets SoCal Edison pass Eaton Fire costs above the state’s $21B wildfire fund onto customers through new bill charges. Lawsuits allege SCE’s equipment sparked the fire (they haven’t admitted fault). Lawmakers are also extending the existing ~$3/month wildfire surcharge 10 more years—~$9B more from ratepayers. And if new costs pop up, they can be layered on too. Fair or foul? Would you pay more to keep utilities solvent—or should shareholders eat it? Comment FAIR or FOUL 👇 and tell me why. #california #utilitybills #mortgagerates #costofliving #minh2cents
And when will people start protesting against King Newsom. He does not put any of these initiatives on the ballot.
2025-10-22 21:25:50
53
johnny-z :
PG&E and Edison cause major death and damage and come out with record profits each time. Tell me the politicians are not invested in these companies. Energy prices have doubled in the last 10 years. Imagine Newsome doing this throughout the country!
2025-10-22 23:46:35
19
srvenable :
I’m completely unsurprised
2025-10-22 20:22:00
23
Leo :
But but no kings!
2025-10-22 22:05:06
19
Jolene Prather :
They did the same thing with SDGE and the Cedar Creek fire.
2025-10-23 14:37:20
0
carlos flores :
Happened to us with PGE in NorCal
2025-10-22 15:53:16
20
Mariiyaaatee :
He will soon be charging homeowners for well water too. Gavin Newsom is just implementing policies that will give him cash for the rest of his life. He is setting up his future how do people not see this
2025-10-22 21:08:08
12
Devon Culleton :
Notice taxes only hurt normal people. Close loopholes. But democrats stay rich from it
2025-10-23 18:56:05
10
manuelguerrero1062 :
You are well informed. Thank you for the information.
2025-10-22 15:09:16
25
user5159585600768 :
They get insurance money, bailed out, and never update our infrastructure. Damn, newsome getting breaded out for sure.
2025-10-23 08:15:30
1
sabasromo :
And it’s not like the state insurance commissioner is going to do anything about it
2025-10-22 22:22:03
5
michelle.california :
Glad I have solar
2025-10-23 00:22:26
0
duckingtumblers :
remember the paradise fire lawsuit?? guess who paid for that
2025-10-28 21:18:11
0
Brittany Carter :
I got an email from Edison today saying that the rates are increasing 13%
2025-10-23 21:15:35
0
Chris J Mortgages :
Well said
2025-10-24 01:10:35
0
elizabethaguirre526 :
Boooooooo what a nightmare!
2025-10-22 23:49:43
4
IfWormsHadGuns :
these people all need to be uncovered for their corruption
2025-10-24 02:32:42
0
Joy fujimura :
Its more
2025-10-23 22:40:46
0
Mike E Wiki’s :
VOTE NO ON 50
2025-10-23 23:03:55
9
junior98 :
People stand for something,,do fall for nothing
2025-10-23 04:38:59
0
rl88022 :
it's ok we have money..
2025-10-23 20:21:45
0
Jao Like Mayo :
Tell me why they voted in prop 19, snatching away inheritance from beneficiaries in order to pay for firefighters and still the biggest fires in California happened Anyway, where did that money go?
2025-10-23 14:52:48
0
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