
Greg Wallis
Member of the California State Assembly
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Oct 27, 2026
It's No Mystery Why CA Energy Prices Top the Nation | Greg Wallis
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Greg WallisGUEST
Yeah, well, I mean, I think, you know, you got to understand in California, two of the biggest issues, two of the biggest cost drivers are insurance and utility rates, right? And the number one driver of those costs has been the devastating wildfires that have hit California over the last few years.

Greg WallisGUEST
I think investor-owned utilities alone have spent $40 billion in the last five years dealing with wildfire devastation.

Greg WallisGUEST
So for me, obviously, there's a lot of things that are being discussed in the legislature.

Greg WallisGUEST
We were not able to come to an agreement on a wildfire fund comprehensive package at the end of session this year.

Greg WallisGUEST
And there may be a special session coming after November, potentially, or it's something the new administration will have to deal with.

Jon SlavetHOST
But what would you say is the single biggest driver of increased gas and utility costs for people in your district?