April 8, 2024
More than 150,000 Xcel Energy Inc. customers in Colorado are without electricity amid hurricane-force winds — and some may not get power back until Monday. Those affected include about 55,000 customers who had their power cut preemptively by the utility …
March 12, 2024
(Xcel Energy Inc. will likely be wrangling for years with the legal fallout from the wildfires burning through the Texas Panhandle. The experience of utility companies in California and Oregon sued over massive blazes sparked by downed power lines shows …
March 11, 2024
Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to the Golden State. No more. Texas officials on Thursday blamed the state’s largest-ever fire on electrical lines sparking in dry …
March 8, 2024
Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to the Golden State. No more. Texas officials on Thursday blamed the state’s largest-ever fire on electrical lines sparking in dry …
March 1, 2024
The worst-ever Texas wildfire sent shares of Xcel Energy Inc. plunging after a law firm said it might be linked to the disaster, the latest sign that potential ties between power companies and blazes are triggering volatility in once-sleepy utility …
October 12, 2023
PG&E Corp. will pay a $45 million penalty for its role in starting the second-largest wildfire in California history under a settlement proposal issued by state regulators. The California utility giant agreed to the shareholder-funded penalty proposed by the California …
October 4, 2023
Nearly two months after the deadly Maui wildfires, Hawaiian Electric Co. revealed the limited scope of insurance coverage it holds in the face of potentially billions of dollars in damage claims. Hawaiian Electric has $165 million in annual general liability …
August 21, 2023
When flames ripped through the drought-parched town of Paradise in 2018, destroying homes and killing 85 in California’s deadliest-ever wildfire, it was a wake-up call to power companies across the country. Electric lines would ultimately be blamed for the blaze, …
August 2, 2023
The Scottsbluff solar farm in western Nebraska was built to withstand most hailstones. But the icy pellets that rained down in late June were bigger than baseballs. The hail — part of a larger pattern of severe storms, heat and …
September 20, 2021
PG&E Corp. told a judge it has put into place new safety measures that would have resulted in power being cut to a utility line suspected of sparking the second-largest wildfire in California history. The California utility giant said it …