PG&E to pay $1.6 billion fine for deadly explosion
It's been almost five years since a gas pipeline exploded in San Bruno, California, killing eight people and injuring 58 others.
38 homes were also destroyed in the explosion.
Now, PG&E has been ordered to pay a $1.6 billion fine for the accident.
Until Thursday, the largest fine ever levied by the California Public Utilities Commission was $145 million.
Of the PG&E fine:
- $850 million will go to future improvements of the gas transmission line
- $300 million will go to the general fund
- $400 million will go to the PG&E ratepayers
- $50 million will enhance pipeline security
"We never want any accident ever again and are taking steps to make sure the gas system stays safe," said PG&E spokesman Greg Snapper.
Those affected by the blast say no amount of money paid out can bring back their families, homes or personal belongings.