California PUC Slaps PG&E with Record High Penalty over Wildfires
The California Public Utilities Commission assessed its largest ever penalty, telling PG&E to pay $1.937 billion over the utility’s role in 2017 and 2018 wildfires.
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Camp Fire Update: PG&E Will Plead Guilty to 84 Counts of Involuntary Manslaughter, Pay $4 Million in Fines
Pacific Gas and Electric Company today announced it has resolved all state charges related to the 2018 Camp Fire through a plea agreement with the Butte County District Attorney.
PG&E’s Updated Bankruptcy Plan ‘Honors Clean Energy Commitments’
PG&E has filed an updated version of its restructuring plan and says it is on track to have its Chapter 11 plan confirmed by June 30, the deadline for participating in the states new go-forward wildfire fund. The company says that, upon emergence from Chapter 11, it will be
PG&E Tells 200,000 Customers to Prepare for More Planned Outages
Dry and windy conditions prompted Pacific Gas and Electric Company (PG&E) to begin notifying around 209,000 customers in California about a possible public safety power shutoff late Wednesday evening.
Newsom Urges PG&E To Refund Customers for Planned Shutoff
California Governor Gavin Newsom sent a letter to PG&E CEO William Johnson this week urging the utility to refund small business customers for their hardships during the recent public safety power shutoff.
Small C&I Customers Losing Estimated Billions from Planned CA Outages
Losses for small commercial and industrial customers in the areas of California experiencing planned PG&E power outages could total nearly $2.5 billion, according to expert calculations.
PG&E Starts Cutting Power to More than 800,000 Customers
Pacific Gas & Electric (PG&E) began the process of turning off power to more than 800,000 customers in California this week.
Con Edison, PG&E and Others File Petition to Challenge Trump’s EPA Decision
A coalition of public and private electric utility companies, including Con Edison, Exelon and PG&E, has filed a petition in the District of Columbia Circuit Court of Appeals to challenge the EPA’s new Affordable Clean Energy Rule (ACE)
PG&E Launches Website Alerting Customers to Pending Power Shutoffs
Pacific Gas and Electric Company (PG&E) introduced a weather awareness website intended to give customers advanced notice of pending power shutoffs.
PG&E Admits ‘Probable’ Link to Deadly Wildfires
PG&E admits it is “probable” that its equipment will be found to have caused the 2018 Camp Fire in California. In a financial statement released this week, the utility acknowledged that, though the cause of the fire is still under investigation, the information previously reported to the California Public ... Read more »
S&P Global Ratings: Second California Utility Bankruptcy Possible
S&P Global Ratings released a report responding to investors’ questions about PG&E Corporation’s voluntary bankruptcy filing last month. The report authors say they think it’s “entirely possible” that a second California electric utility could file for voluntary bankruptcy in 2019.
How the PG&E Bankruptcy Announcement Will Affect its Renewable Energy Suppliers
Pacific Gas & Electric (PG&E), California’s largest utility, has announced plans to file for Chapter 11 bankruptcy protection. In doing so, California homeowners affected by the recent wildfires.