The projected cost of burying 10 percent of the company's distribution and transmission lines ranges from $15 billion to $30 billion.
Pacific Gas & Electric announced Wednesday it plans to bury 10,000 miles of its power lines to help prevent California wildfires during the drought.
PG&E customers, whose electricity rates are among the highest in the U.S., are likely to shoulder most of the cost for the project. The backlash to PG&E's potential liability for the Dixie Fire prompted the company's recently hired CEO, Patricia"Patti" Poppe, to unveil the plan for underground lines several months earlier than she said she planned.
But Poppe told reporters on Wednesday that she quickly realized after she joined PG&E in January that moving lines underground is the best way to protect both the utility and the 16 million people who rely on it for power.PG&E said only that burying the lines will take several years.
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