Getting your Trinity Audio player ready... Jaw Drop Detail No. 1: California’s big electric companies spent more than one thousand dollars for every state resident on wildfire-related costs between 2019 and 2024. Which is to say, a cool $40 billion, divvied up between post-catastrophe liabilities ($13.6 billion) and pre-catastrophe infrastructure hardening ($26.6 billion). Staggering to think of it this way, no?