Pacific Gas & Electric implemented a controversial practice of cutting power to selected portions of Northern California on Saturday to guard against wildfires as the weather turned very windy, dry and hot. Electricity was turned off around 6 a.m. to …
A Wildfire Mitigation Plan submitted by Pacific Gas & Electric Corp. was approved by the California Public Utilities Commission on Thursday. The state Legislature in 2018 enacted Senate Bill 901 mandating action by the CPUC on Wildfire Mitigation Plans submitted …
State fire investigators have determined that transmission lines owned by Pacific Gas & Electric Co caused the deadliest and most destructive wildfire on record in California, a blaze that killed 85 people last year, officials said on Wednesday. The wind-driven …
California has for months been weighing the idea of a fund that utilities could dip into when facing crippling costs tied to wildfires. On Wednesday, state lawmakers got a feel for how big that fund would have to be. During …
A federal judge has ordered board members of Pacific Gas & Electric to tour the Northern California town of Paradise, which was leveled by a wildfire that may have been caused by the utility’s equipment. The judge ordered the tour …
Pacific Gas & Electric Co.on Thursday reported first-quarter profit of $136 million. The San Francisco, Calif.-based company said it had profit of 25 cents per share. Earnings, adjusted for non-recurring costs, were $1.04 per share. The results surpassed Wall Street …
Pacific Gas & Electric Corp.’s top financial executives said during a bankruptcy meeting Monday they still haven’t determined when the utility can start compensating victims of recent wildfires started by the utility’s equipment. Victims’ lawyers questioned PG&E executives during the …
California utility Pacific Gas & Electric Corp. is asking state regulators for another increase in rates and profits, saying it’s needed for wildfire safety and to attract investment as the utility goes through bankruptcy. The Sacramento Bee reported that the …
California regulators expressed skepticism that Pacific Gas & Electric Corp.’s new leaders have enough professional experience to instill the deep corporate culture of safety they say the company has lacked. The utility has been blamed for more than a dozen …
California Gov. Gavin Newsom gave legislators just three months to address a multibillion-dollar wildfire liability problem that has forced the state’s largest power company, PG&E Corp., into bankruptcy and threatens the same fate for its other utilities. The governor issued …
