HOW WVRB’s WORK
To establish WVRBs, the Legislature must pass a bill that allows PG&E to utilize tax-exempt bonds. WRVBs are tax-free and represent the most efficient way to maximize funds available to wildfire victims. These bonds will be paid 100% by shareholder profits, not customers. Because the bonds can be sold at low interest rates, they enable PG&E to raise more money quickly to pay wildfire victims and survivors.
Do you like this page?