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Witnesses back ban on passing wildfire liability costs to ratepayers; lawmaker hearing on SB 926 centers on utility rates
Summary
Senate Bill 926 would bar investor-owned electric companies from recovering wildfire-related fines, penalties, settlements or judgments from ratepayers. Supporters at the hearing said consumers already face rising bills; proponents urged protections for ratepayers, while no large utilities testified in favor during the public record.
Senate Bill 926, discussed at the end of Wednesday's Senate Committee on Judiciary hearing, would prohibit investor-owned electric companies with at least 25,000 Oregon customers from recovering wildfire liability costs ' including fines, penalties, judgments and settlements ' from their ratepayers.
The bill drew public testimony from customers and…
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