Pacific Gas and Electric Co. News

Bankruptcy Judge Approves $13.5B PG&E Deal with California Wildfire Victims

A U.S. bankruptcy judge approved on Tuesday PG&E Corp.’s $13.5 billion settlement with victims of Californian wildfires, and the company’s stock rallied as the utility gained momentum to emerge from bankruptcy in June as planned. “I don’t think we’ve heard …

Bankruptcy Judge Approves PG&E $105 Million Assistance Fund for Wildfire Victims

PG&E Corp. may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility’s equipment, the judge overseeing the bankruptcy of the investor-owned power …

California Regulator Requiring PG&E to Implement Safety Recommendations

California’s top utilities regulator on Thursday ordered the embattled power utility Pacific Gas and Electric Co. to implement safety recommendations the agency’s staff outlined in an independent third-party report. The move by the California Public Utilities Commission comes as it …

California Utility Blamed in 3 Suits for Deadly Wildfires

Pacific Gas and Electric Co. was blamed in three lawsuits filed this week for negligence in the wildfires that killed more than 40 people and destroyed over 8,000 homes in Northern California last month. The lawsuits allege the San Francisco-based …

Someone Else’s Wires May Have Started California Wildfires, PG&E Says

The deadliest of last month’s wildfires in California’s wine country may have been started by electrical equipment not owned or installed by Pacific Gas and Electric Co., the utility said in a court filing. PG&E said in a legal filing …

Regulators in California Hit PG&E with $8.3M Fine for Deadly Wildfire

Regulators say they have fined Pacific Gas and Electric Co. $8.3 million for failing to maintain a power line that sparked a massive blaze in Northern California that destroyed 549 homes and killed two people. The California Public Utilities Commission …

Regulators Ding California Nuke Plant Operator over Seismic Check

Federal regulators have hit the owner of California’s last operating nuclear power plant with a low-level violation for bungling an earthquake-related safety evaluation when it was swapping out important equipment. The Nuclear Regulatory Commission said Monday that Pacific Gas and …

Not Guilty Plea Entered by PG&E In Deadly California Blast

Pacific Gas and Electric Co. has pleaded not guilty to federal charges stemming from a natural gas pipeline explosion in California that killed eight people and injured 58 others in 2010, according to court filings. The utility was indicted by …

Judges: PG&E Improperly Declared 2 Pipelines Safe in California

Two judges are threatening to fine Pacific Gas and Electric Co. for improperly declaring two natural-gas pipelines in Northern California safe and using misleading regulatory filings to minimize the problem. The San Francisco Chronicle reported that California Public Utilities Commission …

Audit: California Utility Didn’t Spend $50M For Safety

An audit says Pacific Gas and Electric Co. did not use $50 million intended to improve its gas pipeline network in the decade leading up to a deadly explosion in a San Francisco Bay area suburb. The audit by Leawood, …