PG&E News

California Utilities’ Wildfire Prevention Plans Call for More Blackouts

California utilities plan to continue shutting off power to customers during dry and windy conditions to prevent sparking deadly wildfires, but they aim to make outages more targeted to avoid widespread blackouts, according to plans filed with the state. Plans …

PG&E Clears Another Bankruptcy Hurdle with Debt Refinancing

A federal judge has approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, but the troubled utility still must navigate nettlesome obstacles being put up by the state of California. U.S. Bankruptcy Judge Dennis …

California Governor Wants to Block PG&E’s Bankruptcy Plan

California Gov. Gavin Newsom is urging a federal judge to reject Pacific Gas and Electric’s blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation. In a …

Sonoma County Looking to Sue PG&E for Damages From Wildfire

A county in Northern California wine country is exploring plans to sue a utility over a massive wildfire last fall that combined with rolling power shutoffs caused losses of $725 million. The Sonoma County Board of Supervisors voted Tuesday to …

California Lawmaker Wants Probe of PG&E’s Chief Regulator

A state lawmaker is demanding an extensive review of the California Public Utilities Commission to determine whether regulators’ lax oversight enabled neglect at Pacific Gas & Electric that triggered catastrophic wildfires, a messy bankruptcy and exasperating blackouts. The request by …

FEMA Administrator: We Want California Wildfire Costs From PG&E, Not Victims

A regional director for the Federal Emergency Management Agency on Monday said FEMA is going after California utility giant Pacific Gas & Electric for $3.9 billion owed the government due to wildfires that PG&E was found to have caused in …

California Eyes Climate Bond to Prepare For Disasters

In a state burdened by billions of dollars in wildfire damage, California lawmakers are hoping for an advance loan before the next climate-fueled catastrophe hits. Lawmakers in the Democratic-dominated state Legislature returned to work Monday for the second year of …

Financial Tug-Of-War Emerges Over California Fire Victims’ Settlement

A financial tug-of-war is emerging over the $13.5 billion that the nation’s largest utility has agreed to pay to victims of recent California wildfires, as government agencies jockey for more than half the money to cover the costs of their …

PG&E Takes California Governor out of $13.5B Wildfire Deal

Bankrupt utility giant PG&E Corp. has removed a requirement that California Gov. Gavin Newsom sign off on its settlement with wildfire victims, trying to buy more time for its restructuring plan. PG&E reached an agreement Monday with representatives of the …

PG&E Gains on $13.5B Settlement With California Wildfire Victims

PG&E Corp. surged on the strength of a Friday announcement it had secured a $13.5 billion settlement with victims of wildfires ignited by its power lines, a step toward resolving the biggest utility bankruptcy in U.S. history. The agreement will …