Pacific Power, owned by Berkshire Hathaway, asked the California utilities to allow a 57 percent increase in electricity tariffs. If the application is approved, its annual revenue will increase by & #036;103 million. The company intends to allocate additional funds to upgrade networks in fire areas and cover legal costs. Part of the cost is related to the consequences of the 2020 and 2022 fires. Customs carries a double burden: through consumer payments, it is proposed to finance both infrastructure strengthening and legal costs for events that have already occurred. For households and businesses, this means an increase in electricity prices, the regulator's decision has not yet been made. The Pacific Power Query shows how catastrophic natural risks are moving into the utility economy. The company expects to receive funds to improve the resilience of networks, but the cost of this program can be passed on to customers - that is what the state authorities will assess. ECONOMY